Economy, asked by rizzubaig9188, 10 months ago

Considering india's population the development of industries is a good solution to the problem of unemployment explain

Answers

Answered by Raju2392
1

Answer:

1. Increase in national wealth through industrialization: The real remedy lies in an addition to the national wealth, in increased production of industrial goods. If there are more industries, there will be more avenues for employment, particularly for men and women with professional and technological training. Already the River valley projects and power-plant projects are finding employment for a large number of men.

It is only in a rapid industrialization of the country that we have a key to the solution of our economic problem. If more and more industries are established and more commodities are produced, there will be vacancies not merely for technically trained university men but also for laborers – skilled and unskilled.

If we have more wealth, we shall be able to pay our doctors better, we shall require more banks, more schools and colleges and more universities. Thus, rapid industrialization alone opens up new avenues for the educated people for the urban areas as also for mill and factory hands.

If the unemployment of the rural people is to be tackled, emphasis should also be laid on the revival of cottage industries. This will give part-time occupation to agriculturists and relieve the poor people who depend on these small decaying industries such as weaving, making carpets and mats or utensils of ball-metal.

Similar questions
Math, 1 year ago