Unemployment, inflation in JK belies Govt’s claims of ‘growth, development’: Tarigami

Srinagar, Oct 15: CPI (M) leader Mohammad Yousuf Tarigami Friday said that the highest unemployment rate of 21.6 percent and staggering inflation rate of 7.39 percent in Jammu and Kashmir is hugely disturbing and belies the BJP government’s tall claims of “growth and development” in the region post 2019.
According to the figures of Ministry of Statistics and Programme and the Centre for Monitoring Indian Economy (CMIE) unemployment rate of 21.6 percent in J&K is the highest among all states and Union Territories (UTs) in the country.
Similarly, the Centre for Monitoring Indian Economy (CMIE) reports states that the inflation rate of 7.39 percent has made the region the costliest place to live in India, a statement issued reads.
The level of unemployment in J&K can be gauged from the fact that for mere 8575 class-IV posts advertised by J&K Services Selection Board (SSB) in June 2020, tens of thousands of highly educated unemployed youth applied, he said.
“These figures expose the claims of the BJP government that J&K witnessed large “growth and development” after the revocation of the former state’s special status under Article 370 in August 2019. The government gives concocted and fabricated stories vis-à-vis development, employment and other parameters of growth to mislead the people,” he said.