Unemployment in India – Short Essay 1.
Unemployment refers to a circumstance where people looking for jobs are unable to get work. It ’is the condition of not being able to find sustainable paid work.
In other words, when skilled labor is left competing for jobs because of less demand for labor or excess supply of labor, and a large number fails to find suitable jobs, the economy can be said to be a state of unemployment.
The number of people measures the rate of unemployment in a given country are unable to secure jobs relative to the available people in the job market. The common types of unemployment are Seasonal, Frictional, Cyclical as well as Structural. India is one of the second largest countries in the world in terms of population density. The rate of unemployment in the country is very high owing to the many people who are unable to secure jobs.
Causes of unemployment in India
There are many causes of high unemployment in India among them;
- The decline in the operation of small cottage industries
- The country witnesses slow progress in terms of industrialization
- Another issue is the education system. With a large population with little education the level of skills is limited and then the strain on the unskilled or less skilled labor. There are too many takers for jobs requiring few skills.
- Similarly, the strain on agriculture is very high with a large population depending on it for livelihood. The per capita productivity is very low. Lastly, the migration to an urban center for non-agricultural jobs puts a heavy strain on the urban infrastructure.
- The economic growth of the country is slow in comparison to western countries
- The increase in population renders the available resources limited. The population of India is very high resulting in an excessive supply of labor. Although population is a socio-economic indicator, it is a statistic that affects the economy adversely for the very same reason, e. the lower socio-economic strata of the society demonstrate a higher tendency towards population increase.
Despite the country boasting of many qualified professionals in many areas such as engineering and medicine, a large number of people are illiterate or less educated. Many of them are unable to secure employment in well-established organizations.
The society needs to take efforts to cut down on the population growth and to provide education and training towards the sectors that have a high labor quotient.
Unemployment in India – Short Essay 2
Unemployment is a serious problem in India. Those who are unemployed lack the power to purchase and this brings the demand for goods in the market down. Unemployment rate in India is higher among women than men.
Causes of unemployment in India
- Economic growth without adequate employment opportunities. India’s Gross Domestic Product is said to be at 7.5% but this does not always translate to jobs.
- Although literacy levels have risen up over the decade the still remains fundamental flaws in the education system in India.
- Rapid population growth is a major cause of unemployment in India. Over the past 10 years the population has risen by more than 136 million and unemployment rate has also gone higher.
Solutions to reduce unemployment rate in India
- Increased industrialization. Increased number of industries in India translates effectively into more employment opportunities.
- Emphasis on vocational and technical training in universities and colleges.
- Encouraging self-employment. The government should help the citizen by funding their projects.
- Improvement of infrastructure in agriculture.
- Inviting larger capital
- Focused policy implementation.
Last updated: June 28, 2019.