what is underemployment? rxplain the ways by which more employment can be created in a country like India
Answers
Answer:
The ways by which more employment can be created in a country like India are: (i) If more dams are built and canal water is provided to all the small farmers, a lot of employment can be generated in agriculture sector. ... (iii) More money should be spent in transport and storage, because then more people can be employed.
answer:Underemployment is a measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience and availability to work. ... This is different from unemployment in that the individual is working but is not working at their full capability.
Explanation:
(i) If more dams are built and canal water is provided to all the small farmers, a lot of employment can be generated in agriculture sector.
(ii) Providing cheap credit facilities and crop insurance can result in more employment.
(iii) More money should be spent in transport and storage, because then more people can be employed.
(iv) The government/banks can provide loan at cheap rates to improve irrigational facilities.
(v) Technical training, vocational guidance to unemployed youth for self employment.