Communist anyone? More from Sunil Jain's article:
As in India, in China too, there has been a decline in employment in state-owned enterprises, from 103 million in 1990 to 68 million now.
But in China this was made up by the increase in urban private industrial employment, from 6 million to 42 million in the same period.
I would love to hear the comments of Communists on this? Not that I dislike them or anything but if they argue rationally they have to answer to this piece of stat.
And take this:
While the Left parties in India are fundamentally averse to foreign investment, and to making life easier for the organised manufacturing sector (where wages are at least double those in the unorganised sector), the states of West Bengal and Kerala, where there have been Left-run governments, have the highest unemployment in the country; indeed even the highest growth in unemployment has been seen in these states. Saturday, June 05, 2004