The Hindu Editorial Vocabulary 29th March 2024

Read The Hindu Editorial Vocabulary 29th March 2024 to boost your word knowledge for government exam prep and improve vocab knowledge. Candidates who want to focus on learning new words daily. We daily prepare a list of new words in The Hindu Editorial Vocabulary 29th March 2024.

The Hindu Editorial Vocab on Jobs Outlook Bleak

A recent report that focused on the current status and outlook (the likely future situation) for youth employment in India paints a grim picture of the country’s widely touted ‘demographic (relating to human populations and the information collected about them, such as their size, growth, ages, and education) dividend’, which appears set to waste away unless there are immediate and targeted policy interventions (the action of becoming intentionally involved in a difficult situation, in order to improve it or prevent it from getting worse). ‘The India Employment Report 2024’, by the Institute for Human Development/International Labour Organisation, posits a bleak outlook for the approximately 7-8 million young people being added to the labour force each year, with youth accounting for almost 83% of India’s unemployed workforce. Even more distressing (upsetting or worrying) is that among the unemployed, the proportion (the number or amount of a group or part of something when compared to the whole) of educated young people, those who have had a secondary level education or higher, had almost doubled to 65.7% as of 2022, from 35.2% in 2000. Also, graduates among the youth experienced a nine times greater unemployment rate (29.1%) than young persons who could not read or write (3.4%). These depressing statistics underline both an absence of jobs capable of absorbing (to take something in, especially gradually) educated young people aspiring for better paying jobs and the shortcomings in the quality of education that are leaving large numbers of educated youth still incapable of qualifying to meet job criteria. Further, wages, after accounting (the skill or activity of keeping records of the money a person or organization earns and spends) for inflation (a general, continuous increase in prices), have either stagnated (to stay the same and not grow or develop) or witnessed a decline.

The window for India to leverage (the power to influence results) its sizeable cohort of youth for wider socio-economic gains is fast closing, with the share of young people forecast to decline to 23% by 2036, from 27% in 2021. As the report’s authors note: “Unemployment and the rate of youths not in employment, education or training are high, and working conditions among a majority of employed youths are poor, although the economy has been growing at a high rate. This severely constrains the realisation of this potential [the harnessing (to control something, usually in order to use its power) of the demographic dividend].” Other trends, be it the significant gender imbalance in the Labour Force Participation Rate (LFPR), with the women’s LFPR of 32.8% in 2022 about 2.3 times lower than the 77.2% for men, or that 90% of workers still have informal jobs, essentially emphasise (to show that something is very important or worth giving attention to) the lack of a concerted overarching (most important, because of including or affecting all other areas) policy vision to ensure better jobs for all. The Chief Economic Adviser’s hand wringing over the government’s limitations to engender change has to only be juxtaposed (to put things that are not similar next to each other) against the U.S. Federal Open Market Committee’s primary policy mandate ‘of promoting maximum employment along with stable prices’ to realise intent ultimately holds the key. With the general election process underway, politicians have their task cut out to ensure jobs and the quality of education and training for a technologically evolving economy are accorded primacy not just in their campaigns but in policy formulation (the action of developing all the details of a plan for doing something, or something that is developed in this way) thereafter.

The Hindu Editorial Vocabulary Wordlist 29th March 2024

Boost your wordpower knowledge with new words in the Hindu Editorial Vocabulary on 29th March 2024. Make a smart move to enhance vocab power with Hindu Editorial Vocab updated daily.

• Outlook: The likely future situation.
• Demographic: Relating to human populations and the information collected about them, such as their size, growth, ages, and education.
• Intervention: The action of becoming intentionally involved in a difficult situation, to improve it or prevent it from getting worse
• Distressing: Upsetting or Worrying.
• Proportion: The number or amount of a group or part of something when compared to the whole.
• Absorbing: To take something in, especially gradually.
• Accounting: The skill or activity of keeping records of the money a person or organization earns and spends.
• Inflation: A general, continuous increase in prices.
• Stagnated: To stay the same and not grow or develop.
• Leverage: The power to influence results.
• Harnessing: To control something, usually in order to use its power.
• Emphasise: To show that something is very important or worth giving attention to.
• Juxtaposed: To put things that are not similar next to each other.
• Formulation: The action of developing all the details of a plan for doing something, or something that is developed in this way.
• Overarching: Most important, because of including or affecting all other areas.

The Hindu Vocabulary 29th March with Synonyms & Antonyms

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