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Steve Jobs, a Yellamma tatoo and your job

The picture you see here is from Afghanistan in the 70s, before it became a Taliban state. But I am talking about a different country here, Turkey.

Turkey is beautiful country, our family has been thinking of visiting Turkey for quite some time now. But not any more, despite the discounted tickets. With bomb blasts off and on, Turkey sadly is not on our list of family vacation destinations now. Even if I get an all-expenses paid ticket to Afghanistan, I won’t fly in there nor would I fly to Iraq or Egypt or for that matter Mexico or Columbia these days. But why am I writing about travel destinations here?

Many of you may have seen the news story of an Australian tourist in BANGALORE ( of all places)  who was beaten up by Hindu extremists groups because he had a tattoo of goddess Yellamma on his shin. To many this is just another case of extremism that has become rampant in India of late. But here is where extremism intersects with economics and employment and thereby your future.

People like Steve Jobs have visited India and have gone back with fond memories of India, pretty much a back packer like this Australian tourist. I am not sure that this “almost lynched” Australian tourist carries any fond memories of India.  Let’s assume for a moment that this back packer turns out to be an executive who wants to “make in India”. What if he was an investment banker who wanted to set up an investment fund in India? Do you think he will ever come back to set up a business in India? How does that affect job creation?

After all the news about the women’s safety issues in Delhi, I would never left my wife or daughter fly into Delhi on their own, we prefer an airport in the South instead. If that is what an NRI’s perception about women’s safety in Delhi, what do Australians/other tourists think about their safety in India after the intense media coverage of this incident worldwide?

Many of the youth in India voted for Modi for economic growth and jobs. But what we are seeing instead is an intense growth in intolerance to the point that even Infosys Narayana Murthy have to speak out. As expected Bhakths have gone onto call him an anti-national and all the standard abuses typically reserved for the authors, veterans and international media who have been highlighting the rise on intolerance in India.

What is most damaging from the economic perspective and your employment prospects, is the report from Moody’s Analytics— a division of Moody’s Corporation — as it called for Prime Minister to keep his party members “in check or risk losing domestic and global credibility.” It also blamed the government for its failure to deliver on promised reforms.

The unemployment numbers are staggering. In India one in three graduates up to the age of 29 is unemployed, according to a Labour Ministry report released last November. Total unemployment in the country is officially closer to 12% as of 2014.

The International Monetary Fund (IMF) said India's young population has the potential to produce an additional 2% per capita GDP growth each year for the next two decades. Instead experts now talk of a "gargantuan national crisis", a ticking time-bomb of unemployed and under-employed youth unable to contribute to the economy.

The country’s stability is extremely important to foreign direct investment and your jobs. No one wants to invest in the middle of riots and bomb blasts. You don’t need to look too far where extremist ideologies and unemployed youth have become a deadly cocktail that has decimated countries which were until a few years ago destinations for NRIs to live and work.

Narayana Murthy and others have seen the Afghanistans, Turkeys and Syrias of the world and are speaking out because they see the dangerous direction that the country is taking in the name of misguided religious fanaticism/nationalism, which is all too familiar to countries in our neighborhood.

In a fight to determine whose god/religion is greater, there will be no winners, we will only have one big loser, i.e the future of India.

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