essay on "indian politics are responsible for unemployment in india"
Answers
Answer:
Unemployment and under-employment have been a long-standing problem in the Indian economy. According to a 2013 report by Pravin Sinha, the Indian labor force has been officially classified by the Indian government into three categories: Rural sector, which includes the farm labor.
HOPE it helps
Follow me ❤️
Unemployment is a most common economic's problem for every country in the world, irrespective of their financial system and level of development. Political parties are the main responsible for the unemployed in the nation. But in underdeveloped or developing countries, the unemployment pattern is increasing faster than in developing countries of the world.
Developing countries are facing unemployment, most Keynesians are involuntary and abrasive, but countries like India are facing structural unemployment due to population growth rates and slow economic growth. And the government still has not found a way to control unemployment.
Structural unemployment otioseness can be an independent or hidden form. But the most severe form of unemployment in a low income country like India is unemployment or hidden unemployment in rural areas.
Unemployment is a serious problem. This situation occurs when the number of jobs vacancy is very less as compared to the number of jobs seekers in the nation. This is a situation in which the unemployed do not get a meaningful or profitable job despite their desire to work. Unemployment is a major waste of manpower resources.
India is an underdeveloped country when it comes to unemployment. But during the Keynes period the problem of India's unemployment does not arise due to effective demand and scarcity of capital resources and other complementary sources of population growth.