Economy / The Times of India
Punjab is witnessing a decrease in unemployment rates, especially among young adults, due to the rise of the gig economy. However, economists warn that this trend may not be sustainable and urge the government to focus on creating more stable job opportunities.
During his Jharkhand campaign trail, Rahul Gandhi criticized the Modi government for record inflation and unemployment, attributing it to divisive politics. He highlighted the INDIA bloc's initiatives in the state, including direct cash transfers and a health insurance scheme. Gandhi assured tribal communities of their rightful recognition and promised a caste census and removal of the 50% reservation cap if INDIA is voted to power.
Uttarakhand's economy has grown significantly in the 24 years since its formation. The state's GSDP has increased from Rs 14,501 crore to Rs 3,46,000 crore, driven largely by the tourism sector. Per capita income has also risen considerably, reaching Rs 2.60 lakh. Chief Minister Pushkar Singh Dhami attributed the state's progress to the collective efforts of the people and the leadership of Prime Minister Narendra Modi.
IIIT-Delhi celebrated its 13th convocation with 516 B.Tech. and 229 M.Tech. and Ph.D. degrees awarded. ISRO Chairman Dr. S. Somanath urged graduates to be passionate, aim for excellence, and uphold integrity. He emphasized innovation for India's growth and praised the entry of private players in the space sector for enhancing competitiveness.