Wednesday, December 11, 2024
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Increased investment to boost job opportunities, House told

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UDP MLA from Nongpoh Mayralborn Syiem emphasised the need for accelerated industrial devp to create more employment opportunities, particularly for the youth

SHILLONG, Aug 27: UDP legislator from Nongpoh Mayralborn Syiem on Tuesday called for greater acceptance of investments from external companies and corporate houses to address the slow pace of industrial growth and limited job opportunities in Meghalaya. Speaking in the Assembly, Syiem emphasised the need for accelerated industrial development to create more employment opportunities, particularly for the state’s youth.
Syiem highlighted the challenges faced by young people in transitioning to employment in urban areas, noting that the slow industrial growth in various government-notified industrial locations has led to fewer job opportunities. He pointed out that private sector employment, which is often driven by external investments, is crucial for creating jobs in the state. “This is the time we have to accept investment so that more jobs in the private sector can be created for the youth, while also keeping in mind the sensitive issues of land holding systems and traditional practices,” Syiem stated.
Citing statistics, Syiem revealed that the unemployment rate in urban areas of Meghalaya stands at 12.3%, which is higher than the national average. He also noted that unemployment in rural areas is significantly higher, and the state’s population continues to grow, thereby adding fuel to the fire.
Syiem expressed concern that rising unemployment has had a negative impact, discouraging educated youth from entering the labour force even after completing their education and training.
While acknowledging the efforts made by both the state and central governments to combat unemployment, Syiem stressed that more needs to be done in a holistic and comprehensive manner.
He suggested several initiatives to address the issue, including supporting farmers through market linkages, providing regular career counseling, mapping the interests of the youth, and offering training that aligns with modern technological requirements.
These measures, Syiem believes, will help equip the state’s youth to meet the growing demands of the job market.

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