The problem of unemployment a speech in it
Answers
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.