Solutions To Decrease The Rate Of Unemployment In India
Added on 2021-02-18
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Topic: SOLUTIONS TO DECREASE THE RATE OF UNEMPLOYMENT IN INDIAPlan EssayIntroductionUnemployment, in India is an extremely crucial issue that requires effective solution inorder to solve the rising problem. This essay will identify and argue the solutions that areavailable in order to solve the problem of rising unemployment are relevant or not andwhich policies can be further recommended.As per the view of Schmid (2015), researcher has tried to present clarification on thecontroversy of rising unemployment in India despite planned development initiative. Theresearcher has analysed the data computed by National Sample Survey Office (NSSO). Heargues that rural and urban unemployment can be interlinked together and the ruralemployment is a much more crucial issue that urban unemployment. However, Breitkreuz and et.al. (2017), has argued that the sheer size of India'seconomy and immense diversity in the population is the reason that unemployment is high.Researcher states that country experiences slow yet steady development and under NDAgovernment, it is proving to be an emerging superpower
Body paragraph 1 Topic: Introduction to current situation- forwarding to increase investment in agricultural sectorKey points and evidences:The UPA government’s Common Minimum program provide investment for development of agricultural infrastructure. Increase the productivity of farmers58% of labor force is employed in agriculture.Easy credits from commercial bank.It cannot be denied that Indian economy is basically an agricultural economy. In order toaddress problem of rural unemployment, government invest in this sector, which createemployment like construction and infrastructure projects where they could work aslaborer, or giving proper facilities which would encourage farmers to plant multiple cropswith changing seasons. Investment also encourag establishment of Cottage industrieswould also increase employment in India. Body paragraph 2Topic: Motivation and assistance to self-employmentKey points and evidences:Providing funds and subsidies to start up a new business.Stating of make in India program.Establishment of digital India concept.Setting up of new job opportunities by current finance minister Nirmala The next step can be taken motivating to incline more towards self employment and start-ups. The government of India has already developed a lot of schemes like Start-up India,Make In India, Support To Training and Employment Programme for Women (STEP) etc.and by giving hassle-free loans and proper guidance at each step, they can further assist insetting up business (Budget 2019: Can Nirmala Sitharaman solve India's job crisis?2019). Companies like Flipkart, Paytm, Zomato etc. are examples of start-ups which haveproved extremely successful in India.The government of indie have launched a local funded infrastructure programs as wellwhich will be provided to youth for doing their own business as self-motivation for self-employment.
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