New Delhi, June 11 : Former Finance Minister P. Chidambaram on Monday said the BJP government's "administrative incompetence" and "policy blunders" were responsible for the rising farm distress, unemployment and failure of economy.

"Farmers' despondency has turned into anger and they have come to streets to protest," the senior Congress leader told reporters here.

"The principal reasons are uneconomic price for farm produce and stagnant wages of farm labour. MSP (Minimum Support Price) is not adequate. Every farmer knows that the promise of MSP = Cost + 50 per cent is a 'jumla'," he said.

Chidambaram said the Reserve Bank of India's confidence survey stated that 48 per cent felt that the economic situation of the country had worsened in the last 12 months.

He said unemployment was rampant in the country, which was "far cry" from the Bharatiya Janata Party's promised two crore jobs a year.

Chidambaram questioned why the Labour Bureau Survey for October-December 2017 not yet released.

Chidambaram said demonetisation had caused the growth rate to decline from 8.2 per cent in 2015-16 to 6.7 per cent in 2017-18.

"The Tamil Nadu government has officially acknowledged that 50,000 MSME units were shut down in the state in 2017-18; 5,00,000 jobs were lost; and capital investment in the MSME sector declined by Rs 11,000 crore," he said.

A flawed Goods and Services Tax continues to haunt trade and business, he added.

Chidambaram said the social security laws and programmes have been neglected by the BJP-led central government.

"The Food Security Act has not been implemented. MGNREGA is no longer demand-driven, wage arrears have mounted. Crop Insurance covers barely 30 per cent of farmers, it is a windfall for insurers. Health Protection Scheme is another 'jumla'," he said.



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Poonch/Jammu (PTI): Over 26,000 young aspirants participated in a recruitment rally conducted by the army after a gap of five years in Jammu and Kashmir’s border district of Poonch, officials said on Sunday.

The recruitment rally commenced at Advance Landing Ground in Surankote on November 8 to fill 307 vacancies for soldier general duty and 45 vacancies for clerks and tradesmen in the Territorial Army, they said.

The rally was open to the candidates from 31 Tehsils of Jammu division, including Poonch, Rajouri, Reasi and Jammu districts, for soldier general duty while the candidates from entire Jammu and Kashmir were eligible to apply for clerks and tradesmen positions.

“Over 26,000 enthusiastic candidates across the region took part in the selection process, showcasing their physical and mental readiness to serve the nation during the 10-day rally,” said an official of the army recruitment office, expressing satisfaction over the response of the youth.

He said the recruitment drive was organized with the objective of providing employment opportunities and encouraging the youth to join the armed forces.

The aspirants underwent various physical tests, including a 1.6 km run, chin-ups and other endurance exercises, followed by medical examinations and documentation checks, the official said.

"The response from the local youth has been tremendous. It is heartening to see such enthusiasm and passion to join the Indian Army. We are committed to providing a fair and transparent selection process," an officer of the Territorial Army said.

He said around 4000 candidates have cleared the ground test and will participate in the medical examination.

The locals lauded the army for organizing the recruitment drive in the border district.

“This is a significant step towards addressing unemployment in the border areas and instilling a sense of pride and patriotism among the youth,” said Syed Imtiaz Kazmi, a prominent citizen of Surankote.

The officials said the event was conducted with strict adherence to safety protocols, ensuring that the large gathering was managed smoothly.

The recruitment process is expected to continue for the next three days, they said, adding this recruitment rally marks yet another milestone in the Indian Army's ongoing efforts to strengthen its bond with people, providing new opportunities for the youth in the region that has historically faced challenges related to employment and development.

Many young aspirants expressed their hopes of securing a place in the prestigious armed forces, with dreams of serving the nation and supporting their families.

Mohd Asad, a local resident of Poonch, said that he joined the rally for the first time. “I am ready to serve the nation by joining the army,” he added.

Another aspirant Mohd Iqbal from Haveli area of Poonch thanked the army for providing them an opportunity to serve the nation.