write an essay on the topic "poverty and unemployment in India "
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Poverty refers to a situation when people are deprived of basic necessities of life. It is often characterized by inadequacy of food, shelter and clothes. In other words, poverty refers to a state of privation where there is a lack of essential needs for subsistence.
India is one of the poorest countries in the world. Many Indian people do not get two meals a day. They do not have good houses to live in. Their children do not get proper schooling.
India is one of the poorest countries in the world. Many Indian people do not get two meals a day. They do not have good houses to live in. Their children do not get proper schooling.
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SOCIAL ISSUES
Unemployment is one of the biggest problems of modern India. This essay on unemployment discusses the causes of unemployment and its solutions.
Unemployment in India: Types, Causes and Solutions To Reduce Unemployment Rate
If the word demands a definition, “unemployment”, may be elaborated as a state of not finding work by an individual who is fit and willing to work. It is usually measured in percentage; the number of individuals without work out of the total “labour force” of the country or specific social groups. Labour force is the term collectively applied to the total number of individuals within the population who are willing and capable of doing work. Unemployment rate of a country is indicative of its socio-economic health.
Unemployment casts some short term ripples throughout the economy by reducing an individual’s contribution in terms of services and taxes. The unemployed also does not possess the power of purchase, thus in effect contributing to bringing down demand of goods in the market and creating more unemployment. This vicious cycle creates a cascading effect throughout the economy and trickles down to different social strata. India currently (2016) has a population of about 1.3 billion. According to a recent United Nations Development Programme (UNDP) report, during the period of 1991 to 2013, Indian economy has experienced maximum growth and yet less than half number of Indians seeking jobs have managed to land one during this period. State wise figures reveal that Tripura has the highest unemployment rate in the country at 19.7% while Gujarat has the lowest at 0.9% in 2015-2016. On the other hand, unemployment rate is higher among women at 8.7 percent versus 4.3% among men. Women unemployment rate is higher in the rural areas than in urban sectors of the country. Experts fear that at present, India is experiencing a jobless growth with not enough jobs being created for its working age population (15-64 years). There is ample skepticism afloat about the country not being able to cash in on its demographic bonus, predicted to be 869 million by year 2020 – world’s largest.
Types of Unemployment
The most accepted classification of Unemployment recognizes two broad types: Voluntary and Involuntary Unemployment.
Voluntary unemploymentarises when an individual is not under any employment out of his own desire not to work. Could be from their total apprehension towards the concept itself, or it may be that an individual is unable to find work paying his desired wages and he doesn’t want to settle.
Involuntary unemploymentencompasses all those factors that prevent a physically fit individual willing to work from getting an appointment. According to John Maynard Keynes, “involuntary unemployment arises due to insufficiency of effective demand which can be solved by stepping up aggregate demand through government intervention”. Involuntary Unemployment is further categorized into subheads;
Solutions to Reduce Unemployment Rate
Collective efforts directed by the Government as well as citizens towards the following points might help alleviate the problem of unemployment in the country.
1. Increased Industrialization:One of the most sure-shot remedies of the unemployment situation in India is rapid industrialization. Increased number of industries translates effectively into increased number of employment opportunities. Due to the emphasis put on agriculture in our economy, industrialization still takes a backseat, with farmers not ready to give up land for establishing industries. They need to be encouraged with better incentives and guaranteed jobs for a member of the family in the newly established industry.
2. Emphasis on Vocational and Technical Training: The curriculum pursued in universities should be altered to focus more on practical aspects of learning. More institutions need to be established that offer vocational courses that will translate directly into relevant jobs.
3. Encouraging Self-employment: Self-employment should be encouraged more with introduction of liability free loans and government assistance for funding. Incubation centers need to be promoted to cultivate original business ideas that will be financially viable.
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