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Many foreign countries are paying more than 80% of the last salary withdrawn to those who have become jobless after sometime. But India doesn't have any benefit even for those who are qualified and still hunting for the jobs.

Please read the Forbes report in the link below.

The government has rehabilitation schemes for the misled youth who were lured to join terrorist groups, rehabilitation schemes for ex army and ex para military forces, then why not some benefit for the unemployed young engineers,doctors, PhDs, PGs and graduates.

Many private organizations are re employing the retired people or giving the extensions after their superannuation. Government should charge 100% tax to such organisations for blocking the employment and pay to the unemployed. This way they will be hired for their experience and expertise and not because such organisations have to dole out less money to the retired personnel.

Reduce the retirement age in government and private organizations. Earlier it was 55, then 58, currently it is 60 years and rumor has it that some banks are going to extend it to 62 years. This will create more unemployment.

Many private schools hire the retired teachers from government by paying them a meager amount. This is not only degrading their status but also becoming an obstacle to the young unemployed. Government must stop this practice if it sincerely wants to solve the unemployment.

Many retirees from the banks, work for the private firms to whom the bank was lending. By paying 10k to the retired bank manager, the businessman is the winner all the way. Because this man would carry out the bank jobs quite easily for the firm now. Loser is the bank (the retired manager would share the bank trade secrets with the firm), another loser is the young unemployed who would never get experience to show in his CV.

In Philippines, organizations hire 4 persons @ 10K Peso than keeping one with 40K Peso. You will find young men and women working everywhere in the malls, markets and offices-all smiling faces.

2 Years have passed. Enough talking. Lets do some work and prepare to show something in 2019.

http://www.forbes.com/2008/06/27/unemployment-benefits-world-forbeslife-cx_mw_0627worldunemployment.html more  

Corrupted India What about Indian youth ? Looking for job there are many recruitment agencies. 5% good 95% Corrupted. They will not do transactions from bank they need cash only. Gulf recruitment: Big Money Helth care :Nurses ₹20 laks -₹22lkh Trade :Electrician , HVAC, Plumber,₹1.5Lakh House keeping ₹60,000 Ufffff. Express entry Canada ₹1lakh only administration fee Israel care taker job ₹13Lakh for man 8Lakh for women. Australia, NZ, UK, ₹8 lakh Where they keep this money ? Just apply on India's recruitment websites. there are 80% agents 10% lottery Spam.10% genuine employer. Employer pay recruitment fee+ flight tickets after that also recruiters taking money from candidate. And he will tell to candidate this is our office charge. What next contract 3 years. Visa 2 years . means candidate sticking for 6 year. Cheating both employer and recruitment agencies. more  
Much of the Revenue and income in India is being set to cover After Retirement benefits both in Govt. & Private even to those having More 50 Lakhs Wealth , and Monthly 40 thousand earnings through , Rents , Interests , Aggl. or other incomes . THIS IS TO BE THOUGHT OF IN TERMS OF THOSE STILL STARVING FOR FOOD AND STRIVING FOR LIVELYHOOD UNDER HUTS & FOOT PATHS Etc. more  
Their raises a question. When technology is introduced their will be decrease in employment opportunity. My answer would be, bank employers would decrease, but IT sector employee would increase in consider manner. Second question: WHen it comes to increasing salary of government employees, it is based on DA. What is DA actually??? Is India wants to show that the income of Indian government employees are more than other countries employees. If so why have they failed to note the population of India?? Now we have introduced the technology and to hire the educated candidates, government needs to give more salary. Which is good?? But the eligible criteria of few post have not been changed. THe exam pattern to test the technology knowledge needs change, for which government has to identify the weight-age of the post. All this have been done in past few years??? Even if government wishes to reduce the salary to give employment for more people eg., In railway station ticket counters, instead of using machines to get the ticket, will the employees who was earning more will be ready to get less salary???????? more  
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