2. Unemployment in INDIA
Overview
● Introduction to Unemployment In India.
● Classification of Unemployment.
● Types of Unemployment in India
● Reasons of Rapid Increase in Unemployment Rate.
● Consequences of Unemployment in India.
● Measurements of Unemployment in India.
● Steps Taken By Govt. To Reduce Unemployment in
India.
● Conclusion At Last About This Serious Situation of Our
Underdevelope Country.
3. Introduction To Unemployment in India
Unemployment refers to a situation in which the workers who
are capable of working and willing to work do not get employment.
Economic View
In economics, unemployment refers to the of unwanted job losses,
or willing workers without jobs. The willingness of the unemployed
worker to be employed is the key to the idea.
4. Classification Of Unemployment
Mainly Unemployment is Classified In Two Types as We
Discuss in Below Diagram :-
Unemployment
Voluntary Involuntary
Structural Frictional Cyclical Seasonal Disguised
5. Types of Unemployment in India
Unemployment that results when resources
Which are willing and able to Engage in production
choose not to produce output. These are
resources (Especially labour) that decide to leave
one job, often in search of another.
1. Voluntary Unemployment
6. The contrast to voluntary
unemployment is involuntary
unemployment, in which resources are
forced out of work. Involuntary
unemployment is also known as Forced
Unemployment.
2. Involuntary Unemployment
7. Reasons of Rapid Increase In
Unemployment Rate in India
● Economic inflation.
● Rapid Population growth.
● Seasonal Employment.
● Technological Advancement.
● Nuclear Family System.
● Demand increased for High skilled workforce.
● Slow Developing Industries.
● Insufficient Rate of Economic Progress.
● Defective Planning of Future.
● Immobility of the Labour.
8. Consequences of Unemployment in
India
● Some Suicides.
● Many Are Depressed.
● Decrease in GDP of India.
● Increase in Poverty.
● Slower Down The Economic Growth of Country.
● Loss of Tax Revenue.
● Loss of Income For Individuals.
● Increase in Crime Rates.
● Family Breakdown.
● Loss of Profits.
9. Measurements of Of Unemployment in India
Gen. Formula Of Calculating Unemployment Rate :-
Unemployment Rate = Unemployed Worker / Total Labour Force *
100
10. Steps Taken By Govt. To Reduce
Unemployment In India
By See This Faster Increase In Unemployment Rate Government of
Of India Is Taking Major Steps Towards This Problem and Started
many Schemes and Policies For Educated or UnEducated
Unemployed Workers, Which are given as below :-
● NREGA.
● Sampoorna Grameen Rozgar Yojana.
● Swarna Jayanti Gram Swarozgar Yojna.
● Prime Minister’s Employment Generation
Programme.
● National Food for Work Programme.
● Prime Ministers Integrated Urban Poverty Eradication
Programme (PMIUPEP).
● And Some Other Schemes and Programmes.
11. Conclusion At Last About This Important
Topic Of UNEMPLOYMENT In INDIA
There Are many Ways To Reduce This Major Problem, But Some of Them are Discussed as
given Below :-
● Stop This Cycle Of Unemployment By Encourage Peoples to Spend More Money in order
to Demands goods up and therefore Keep Companies And Producers in Action.
● Another way is a Govt. Provide Funding To Those Companies Who are bankrupt due to
this companies will spend more money on their Employees and they became Happy.
● There So Many ways To Stop or Reduce Unemployment in Our Country Or India But
Unfortunately We Don’t take Any Serious Steps Individually To Stop Unemployment
Problem