Economy, asked by priyanshir955, 5 months ago

what are the various causes of unemployment of India​

Answers

Answered by Naimeesya
1

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.
  • Inadequate growth of infrastructure and low investments in the manufacturing sector, hence restricting the employment potential of the secondary sector.
  • 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.

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