Question

What is the nature of unemployement in India? Explain. class- 9 economics

Answer 1

Answer:

$\huge\fcolorbox{red}{pink}{answeR}$

• The nature of unemployment in under-developed countries is quite different; it is of chronic and long-term nature.
• It is now almost universally recognized that the chronic unemployment and under-employment in less developed countries are not due to the lack of aggregate effective demand which, according to J.M. Keynes, was responsible for unemployment in developed countries in times of depression.
• Rather it is stated to be due to the lack of land, capital and other complementary resources in relation to the total population and labor force.

Answer 2

Answer:

$\Huge{\underline{\underline{\textsf{\textbf{\red{Answer}}}}}}$

$\bigstar{\underline{\underline{\pmb{\sf{\color{blue}{What \: is \: Unemployment?}}}}}}$

• $\green\longmapsto$ Unemployment occurs when a person who is actively searching for employment is unable to find work. Unemployment is often used as a measure of the health of the economy. The most frequent measure of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of people in the labor force.

$\begin{gathered}\end{gathered}$

$\bigstar{\underline{\underline{\pmb{\sf{\color{purple}{Types \: of \: Unemployment \: in \: India}}}}}}$

• $\pink\dashrightarrow$ Disguised Unemployment
• $\pink\dashrightarrow$ Seasonal Unemployment
• $\pink\dashrightarrow$ Structural Unemployment
• $\pink\dashrightarrow$ Cyclical Unemployment
• $\pink\dashrightarrow$ Technological Unemployment
• $\pink\dashrightarrow$ Frictional Unemployment
• $\pink\dashrightarrow$ Vulnerable Employment

$\begin{gathered}\end{gathered}$

$\bigstar{\underline{\underline{\pmb{\sf{\color{green}{Measurement \: of \: Unemployment \: in \: India}}}}}}$

National Sample Survey Office (NSSO), an organization under Ministry of Statistics and Programme Implementation (MoSPI) measures unemployment in India on following approaches:

• $\blue\twoheadrightarrow$ Usual Status Approach: This approach estimates only those persons as unemployed who had no gainful work for a major time during the 365 days preceding the date of survey.
• $\blue\twoheadrightarrow$ Weekly Status Approach: This approach records only those persons as unemployed who did not have gainful work even for an hour on any day of the week preceding the date of survey.
• $\blue\twoheadrightarrow$ Daily Status Approach: Under this approach, unemployment status of a person is measured for each day in a reference week. A person having no gainful work even for 1 hour in a day is described as unemployed for that day

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