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  • Urban Unemployment Crisis

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    mayank saxena
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    Unemployment is a serious problem faced by many countries, including India, where the high population growth rate has outpaced job creation. The COVID-19 pandemic has hit India's economy hard and led to widespread job losses, increasing unemployment among urban Indians. In response, the Indian government announced a special economic package equivalent to 10% of India's 2019 GDP to provide employment benefits and support to the poor, migrants, and those who have lost jobs in both organized and unorganized sectors due to the coronavirus pandemic. The government is working to address India's critical unemployment problem which has been exacerbated by the current health crisis.

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    Unemployment is a serious problem faced by many countries, including India, where the high population growth rate has outpaced job creation. The COVID-19 pandemic has hit India's economy hard and led to widespread job losses, increasing unemployment among urban Indians. In response, the Indian government announced a special economic package equivalent to 10% of India's 2019 GDP to provide employment benefits and support to the poor, migrants, and those who have lost jobs in both organized and unorganized sectors due to the coronavirus pandemic. The government is working to address India's critical unemployment problem which has been exacerbated by the current health crisis.

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    5 views1 page

    Urban Unemployment Crisis

    Uploaded by

    mayank saxena
    Unemployment is a serious problem faced by many countries, including India, where the high population growth rate has outpaced job creation. The COVID-19 pandemic has hit India's economy hard and led to widespread job losses, increasing unemployment among urban Indians. In response, the Indian government announced a special economic package equivalent to 10% of India's 2019 GDP to provide employment benefits and support to the poor, migrants, and those who have lost jobs in both organized and unorganized sectors due to the coronavirus pandemic. The government is working to address India's critical unemployment problem which has been exacerbated by the current health crisis.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Urban unemployment crisis

    Unemployment is a serious problem faced by each and every country of the world. It refers to a
    situation in which a skill and talented person wanted to do a job but cannot find a job. India is one of the
    country which is suffering from a huge unemployment problem. But the unemployment problem is not
    the result of deficiency of demand but the high rate of growth of population. As covid-19 hit the
    economy hard and with large scale job losses, unemployment is the biggest worry for urban Indians are
    the coronavirus infection.

    The government has announced a special economic package of Rs 20 lakh crore which is 10% of India’s
    GDP in 2019 20 to provide employment benefits to poor, migrants both from organized and unorganized
    sector who have lost their jobs due to coronavirus pandemic. The problem of unemployment in India
    has reached a critical stage but now the government and local authority have taken the problem
    seriously and working on it to reduce it.

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