So a new government report shows that Indians lost 500,000 jobs in India. Rediff news
Yet MOIA is thinking more about help package for those who are returning from foreign states.
Why?
There can be two reason.
First is, Indian government really want to profess that its foreign countries that suffered the major blow of recession, and India is doing fine. After all, it is election period, no government will feel good about exposing the reality. So, by promoting help packages for foreigners and ignoring Indians who lost job in India, government is playing safe.
Second thing is, the number of job lost can be so high (which obviously have not been displayed yet) that government knows it is useless to talk of any unemployment help package.
In any case, it is good for Indians if government keeps away from the idea of economic stimulus for anyone.
Sunday, February 8, 2009
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