Effects of unemployment in India
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1. Loss of Human Resources:
2. Increase in Poverty:
3. Social Problems:
4. Political Instability:
5. Exploitation of Labour:
6. More Emphasis on Capital Intensive Techniques:
7. Defective Education System:
8. Slow Growth of Tertiary Sector:
9. Decay of Cottage and Small Scale Industries:
10. Lack of Vocational Guidance and Training Facilities:
11. Less Means for Self-Employment:
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