According to a report by the People’s Commission on Employment and Unemployment, the government must pass “Right to Work” legislation and spend at least 5% of the GDP, or Rs 13.52 lakh crore, annually to guarantee full employment in the nation.
The paper “Right to Work: Feasible and Indispensable for India to be a really Civilized and Democratic Nation” was published by the People’s Commission on Employment and Unemployment, which was founded by Desh Bachao Abhiyan.
According to the paper, full employment cannot be attained by a piecemeal strategy because it calls for significant adjustments to the legal, sociopolitical, and economic spheres.
To ensure that citizens have a good standard of living, it was suggested that the government pass a “Right to Work” statute.
It indicated that investments totaling Rs. 13.52 lakh crore annually, or 5 percent of GDP, are necessary to provide jobs for 21.8 crore people (gross domestic product). Additionally, it emphasised the need to raise this expenditure by 1% of GDP annually over the following five years.
21.8 crore individuals, excluding those who receive benefits from the MGNREGA rural job guarantee plan, currently require employment immediately.
It was implied that rising employment would raise both production and demand.
The research added that this goes against the elite assumption that full employment would be a zero-sum game for them, saying that the lack of resources for achieving full employment is an erroneous argument because it may be self-financing.
