india job scenario Is there really a job crisis?

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So recently we have come across one thing that says that India is going to have a really bad impact on the economy. This indicates that there will be job losses in the future and this is going to add to the problems of India. Recently we have seen a data that says about 5 crore jobs were lost in the last 6 months. This data is without a doubt scary and put things in perspective. What are your views about India going through the worst job scenario in present times.