Question

Explain in detail scheme and programs undertaken by the government to reduce unemployment

Answer 1

When that happens, then the governmentreduces unemployment by boosting economic growth. The primary method is expansionary monetary policy. That's when the Federal Reserve changes monetary policy by reducingthe fed funds rate. ... The second way the government reduces unemployment is through expansionary fiscal policy.

Answer 2

Answer:

(i) Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA): This is a wage-based employment programme. One person from every family is guaranteed wage employment for minimum 100 days in the financial year. The daily wages are fixed by the government and if it fails to provide work, unemployment allowance is paid. Rural development activities such as horticulture, land levelling, tree plantation, water conservation, cleaning of canals, etc, are undertaken.

(ii) Mission Mangalam is meant to encourage women to form Self Help Groups. They are provided skill-training for household economic employed and come out of the vicious circle of poverty.

(iii) Jyoti Gramodyog Vikas Yojana is the ‘Start-up India’ scheme for unemployed persons in the rural areas. They are provided financial help and subsidies to undertake production activities and overcome poverty.

(iv) Integrated dairy development scheme for the tribal women provides help for development of geoponics and plantation agriculture.

Explanation:

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