EDUindex News

EDUindex News

HOW TO SOLVE THE PROBLEM OF UNEMPLOYMENT?

The problem of unemployment is a serious problem which if not cured duly, leads to poverty. In India, this problem is a quite major one. Currently, a whole of 13.3% of the Indian population is unemployed. Basically, it is a situation where people are willing and able to work but are not getting any jobs due to many reasons. These people include only those who are above the age of 18 years because of the child labor law in India. There are various measures to cure this type of situation. Let’s discuss them.

 

1.INCREASING THE GROWTH RATE OF GDP

One way to solve this problem could be the aggregate growth of the GDP. In the next 10 years, this growth rate must be 8%-9% so that the economy will grow and eventually the employment opportunities will increase.

 

2.POPULATION CONTROL

The rapid growth of population needs to be reduced because the employment opportunities available or being created are not enough to absorb the increasing labor force in the country. If the opportunities are less and are not being able to increase then eventually, the population will have to be reduced.

 

3.AGRICULTURAL SECTOR DEVELOPMENT

If only the agricultural sector will grow, then it is possible to create more employment opportunities for the existing labor force. This growth is possible with the help of modern and advanced technology, better irrigation facilities, reform of land laws and the increase in public investment.

 

4.ENGOURAGE THE SMALL-SCALE INDUSTRY

The small-scale enterprises needs to be encouraged and supported more because these industries will help create more of such employment opportunities for the people residing in the villages. Also, such industries would help in the development of the rural areas and contribute towards the economic growth.

 

5.IMPROVED INFRASTRUCTURE

The infrastructure is a crucial part of the economy. The better the infrastructure, the more will be the economic growth. These infrastructures boost the growth of industrial and agricultural sector and hence, more opportunities would be created.

 

6.EMPLOYMENT PROGRAMS

The government needs to plan special employment programs with the only aim of increasing employment in the nation. These plans must be given attention precisely and not only this, but the government should also make sure that the implementation is strict. A lot of times, programs or incentives are introduced for the help of the less privileged section of the society but still it does not provide with expected results due to the inefficiency in the execution. The people who are targeted for such programs are completely clueless about them and hence, no one benefits from this.

 

7.CREATION OF SELF-EMPLOYMENT OPPORTUNITIES

The government must also provide with various facilities like financial assistance, training of skills, availability of inputs and marketing of products so that more self-employment opportunities would be created. These types of opportunities are basically those which does not need a superior to hire people. Here, people start their own business or a start-up and employ themselves.

 

8.IMPROVEMENT IN EDUCATION SYSTEM

The education system in a lot of regions in the nation is still backward and not up to the development we have made. Therefore, people still don’t have the apt knowledge and qualification required for most of the jobs. This system needs to be upgraded so that every student has the same opportunities in the future.