Economy, asked by finger, 1 year ago

unemployment rate is low in india why

Answers

Answered by spyanan555
15

Answer:

The major causes of unemployment in India are as mentioned below:

  • Large population.
  • Lack of vocational skills or low educational levels of the working population.
  • Labour-intensive sectors suffering from the slowdown in private investment particularly after demonetisation
  • The low productivity in the agriculture sector plus the lack of alternative opportunities for agricultural workers that makes transition among the three sectors difficult.
  • legal complexities, Inadequate state support, low infrastructural, financial and market linkages to small businesses making such enterprises unviable with cost and compliance overruns.
  • The huge workforce of the country is associated with the informal sector because of a lack of required education or skills, and this data is not captured in employment statistics.
  • The main cause of structural unemployment is the education provided in schools and colleges are not as per the current requirements of the industries.  
  • Regressive social norms that deter women from taking/continuing employment.

Explanation:

Answered by UtsavGahlot
9

Answer:

well unemployement rate is high in india it is not low.

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