why people in India still unemployed?
Answers
Answer:
According to The Economist the Indian labor laws are inflexible and restrictive, and this in combination with its poor infrastructure is a cause of its unemployment situation. Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had 31 million jobless people.
Answer:
Unemployment in India, statistics has traditionally been collected, compiled and disseminated once every five years by the Ministry of Labour and Employment (MLE), primarily from sample studies conducted by the National Sample Survey Office.[1][2] Other than these 5-year sample studies, India has – except since 2017 – never routinely collected monthly, quarterly or yearly nationwide employment and unemployment statistics. In 2016, Centre for Monitoring Indian Economy – a non-government entity based in Mumbai, started sampling and publishing monthly unemployment in India statistics.[3][4]
According to Alakh Sharma, the causes of high unemployment and under-employment in India are subject of intense debate among scholars. A group of scholars state that it is a consequence of "restrictive labor laws that create inflexibility in the labor market", while organized labor unions and another group of scholars contest this proposed rationale.[citation needed] India has about 250 labor regulations at central and state levels, and global manufacturing companies find the Indian labor laws to be excessively complex and restrictive compared to China and other economies that encourage manufacturing jobs, according to the economist Pravakar Sahoo.[32] According to Sharma, the Indian labor laws are "so numerous, complex and even ambiguous" that they prevent a pro-employment economic environment and smooth industrial relations.[33] India needs "labour market reforms that address the needs of both employers and workers", and it should rewrite its labor laws that protects its workers, provides social security for workers between jobs, and makes compliance easier for the industry.[33] According to The Economist the Indian labor laws are inflexible and restrictive, and this in combination with its poor infrastructure is a cause of its unemployment situation.[34]
Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had 31 million jobless people.[35] The numbers are widely disputed.