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Rozgar Mela and
Unemployment in India
GS3: Economy
Introduction
Prime Minister Narendra Modi issued appointment letters through video
conferencing on Monday to new recruits joining as a result of the Rozgar Mela
(Employment Fair).
Rozgar Mela
● An expedited approach to connect job seekers with employers.
● Brings together multiple employers and job seekers to apply and
interview for positions.
● Aim of the Rozgar Mela is to
○ accelerate employment growth,
○ offer significant opportunities for youth empowerment,
○ encourage their active engagement in national development.
Defining Unemployment
● Unemployment rate is the proportion of individuals without jobs within
the labor force.
● The labor force = those who provide or express willingness to provide
labor for economic activities, covering both employed and
unemployed individuals.
● As per the Periodic Labour Force Survey (PFLS) 2017-18, In India,
○ 6.1% unemployment rate
○ 17.8% of youth aged 15-29 facing unemployment
Reasons of Unemployment
● Jobless Growth
● Slow Manufacturing sector growth
● Skill Mismatch
● Informal Sector Dominance
Way Forward
● Shift to Enabling Environment
● Elevate Manufacturing Sector
● Revise Industrial Policy
● Human Capital Investment

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ROZGAR MELA AND UNEMPLOYMENT IN INDIA

  • 1. Rozgar Mela and Unemployment in India GS3: Economy
  • 2. Introduction Prime Minister Narendra Modi issued appointment letters through video conferencing on Monday to new recruits joining as a result of the Rozgar Mela (Employment Fair).
  • 3. Rozgar Mela ● An expedited approach to connect job seekers with employers. ● Brings together multiple employers and job seekers to apply and interview for positions. ● Aim of the Rozgar Mela is to ○ accelerate employment growth, ○ offer significant opportunities for youth empowerment, ○ encourage their active engagement in national development.
  • 4. Defining Unemployment ● Unemployment rate is the proportion of individuals without jobs within the labor force. ● The labor force = those who provide or express willingness to provide labor for economic activities, covering both employed and unemployed individuals. ● As per the Periodic Labour Force Survey (PFLS) 2017-18, In India, ○ 6.1% unemployment rate ○ 17.8% of youth aged 15-29 facing unemployment
  • 5.
  • 6. Reasons of Unemployment ● Jobless Growth ● Slow Manufacturing sector growth ● Skill Mismatch ● Informal Sector Dominance
  • 7.
  • 8. Way Forward ● Shift to Enabling Environment ● Elevate Manufacturing Sector ● Revise Industrial Policy ● Human Capital Investment