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Business Daily

Military contracts in India

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 18 July 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

Lots of people want to work in the military in India – the jobs offered security, prospects and a gold-plated pension. But a new Government plan to change military employment contracts has drawn criticism and led to protests. The Government say the changes will tackle the increasing cost of military pensions and stubbornly high unemployment across India.

Rahul Tandon and reporter Archana Shukla will explain why so many young people feel cheated by the plan to shorten military contracts and remove the right for many recruits to a pension. We hear from those attempting to get into the military, former officers, the Government and economists on the new contracts and ask what impact they could have on India's long standing youth unemployment problem.

Presenter: Rahul Tandon Reporter: Archana Shukla Producer: Carmel O'Grady

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Transcript

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0:00.0

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0:06.9

atomic research programmes. Find out more in season two of The Bomb, a podcast from the BBC

0:14.1

World Service, available now.

0:24.5

Military jobs have long been prized in India.

0:28.1

They offer security prospects and a gold-plated pension.

0:30.1

That, though, is now changing.

0:36.8

I'm Rahul Tandon, and today here on Business Daily,

0:44.4

we're going to be explaining why so many young people right across India feel cheated by a plan to shorten military contracts.

0:47.9

Since my childhood, it's my dream to join armed forces.

0:52.1

From past two years, I have been working hard to get this job. And in India, getting defence job is very competitive

0:55.5

and best only get this job.

0:58.2

So please, we want this scheme to go back.

1:01.4

We'll also explore why the government is making these changes

1:04.3

and what impact it could have on the Indian military

1:07.4

and also unemployment across the country.

1:12.6

But let's start with some background because India struggles with endemic unemployment.

1:17.6

We're going to be talking about that a lot in this program.

1:20.4

But firstly, here's Sushant Singh.

1:22.3

Sushant served in the Indian Army for two decades.

1:24.7

He knows it well.

1:26.0

He's now a senior fellow at the Centre for Policy

1:29.1

Research. The unemployment scene in India is very poor. More than 50% of people in India in the

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