Unemployment ruining the future of Kashmiri youth

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By Fast Kashmir on 09/12/2017.

Unemployment ruining the future of Kashmiri youth
Bilal Bashir Bhat
Srinagar, Dec 08: The problem of unemployment is continuously ruining  the future of Kashmiri youth. Unemployment is characterized by chronic under employment or disguised unemployment.
Ground realities and surveys suggest that the menace of unemployment among the educated youth in Jammu and Kashmir has touched new heights with lakhs of candidates applying for a few thousand posts advertised by recruitment agencies.
As per the last Economic Survey, when it comes to overall unemployment, Punjab (4.5 per cent), Himachal Pradesh (2.8 per cent), Delhi (2.7 per cent) and Haryana (2.6 per cent) are much better placed than Jammu and Kashmir. All-India figures for unemployment rate stand at only 2.6 per cent only.
Official figures have further revealed that unemployment rate for males in J&K was 3.6 per cent whereas that of females was 17.1 per cent which is far too high when compared to the neighboring states Punjab 11.7 per cent, Haryana 2.8 per cent, Delhi 2.8 per cent and Himachal Pradesh 2.5 per cent.
“The problem of unemployment amongst females is predominant in Jammu and Kashmir based on Usual Principal Status (UPS) as the gap between unemployment rate of females in J&K (17.1 per cent) and that of all India level (3.6 per cent) is huge”, says the report.
Unfortunately, despite being the greatest vice, the suicide rate has increased alarmingly over the past few years in the Kashmir Valley and many see growing unemployment behind it  .
Just a few decades back, Kashmir was among few places across the globe with very low suicide rates. Ironically, over the past two decades the graph of suicides has run north.
Critics maintain that successive governments have failed to tackle the alarming problem of unemployment while youth continues to be dilemma. This sorry state of the affairs is the main cause of drug abuse, which drug-traffickers cash.
 Essar Ahmad, an unemployed youth states – ” Despite high qualification unemployment has become fortune of majority as Government after Government has failed to create ample number of jobs to suffice the aspirations of job seekers.
We also have a weak private and industrial scenario that makes getting job a hectic task and this adds to frustration and agony of unemployed youth like me. New Government had promised lot of jobs but so far very little has been offered .Meaningful job avenues should be created so that bane of unemployment does not mar us.”
One of the leading reasons behind soaring unemployment rate in the state of Jammu& Kashmir is the weak performance of public sector in our part of the world. Currently, the public sector of the state is in quiet   unhealthy shape.
sometime back , out of the leading seventeen state corporations in Jammu and Kashmir, ten were running on total losses of Rs 1,876.72 crore, while seven were showing profit, according to the latest official figures.
Ironically the PSUs of the Jammu & Kashmir state have properties worth billions of rupees at prime locations but still they are penniless and are not able to harness their rich potential so as to provide employment opportunities to youth.
The lack of quality vocational courses in the premier educational institutions of the Kashmir Valley is also adding to the unemployment problem of Kashmir. Even the top level universities of Kashmir lack proper vocational courses.
The infrastructure related to vocational courses in the educational institutes of valley is also unimpressive. (KNB)