No demographic dividend without jobs.

Seems that jobs have grown by just 2.2% between 2000 and 2012, as per the figures released by the National Sample Survey Organisation. While jobs in agriculture were stagnant, manufacturing jobs grew by just 4%. The great bulk of jobs created were in services but in the casual, lowest paid segments such as retail trade, construction and personal services, such as maids, gardeners and cooks. Thus jobs in construction jumped from 16 million in 200 to 50 million in 2012, at 17% per year. Under this government trillions have been looted in various scams, such as the 2G scam, the Commonwealth Games scam, the Tatra trucks scam, the Agusta helicopters scam and so on. Much of that black money would have been invested in properties leading to a boom in construction. Land prices have sky-rocketed in cities so the money found its way to rural areas. Vadichera is a village of 700 families in Andhra, 100 km from the nearest town, Warangal and 15 km from the Vijayawada-Hyderabad highway. Land was Rs 20,000 an acre 10 years ago, it was Rs 25,000 per acre in 2003, Rs 200,000 an acre in 2007, Rs 300,000 in 2010 and Rs 1.2 million by 2012. Construction in rural areas employed 9.4 million people in 2000 which jumped to 37.2 million in 2012, an increase of 300%. But even these low paying jobs could be under threat. Sales in fast foods have declined in the October-December quarter. Indians are unable to eat out as uncontrolled inflation and a massive rise in service taxes have reduced buying power of consumers. Service tax revenues for the government have increased by 300 times in just 2 decades from Rs 4.07 billion in 1994-95 to Rs 1.32 trillion in 2012-13. No wonder that services are contracting, the PMI for the sector in January came in at 48.3, slightly better than 46.7 in December. Any figure below 50 shows contraction. Why is the government sucking the life out of the economy with extortionate taxes. Scores of social schemes have been started to bribe the ' vote bank ', politicians have to go on ' study tours ' at exotic locales abroad and legions of useless civil servants given rises in salaries with no increase in productivity. Dearness allowance has been raised to 100% of salary thus doubling their pays. Scams and bribes do not generate jobs.