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  • Unemployment: Group 5

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    Divya
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    Unemployment refers to those actively searching for work but unable to find it, and is used to measure an economy's health. India's unemployment rate is estimated at 7.45%. There are several types of unemployment, including structural, frictional, seasonal, and cyclical. Main causes of unemployment in India include its large population, poor education levels, downturns in investment, and low manufacturing investment. Solutions include changing industrial techniques, assisting seasonal unemployment, reforming education, promoting self-employment, and controlling population growth. The government has implemented schemes like Pradhan Mantri Mudra Yojana, Pradhan Mantri Rojgar Protsahan Yojana, and Skill India Mission to address

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    Unemployment refers to those actively searching for work but unable to find it, and is used to measure an economy's health. India's unemployment rate is estimated at 7.45%. There are several types of unemployment, including structural, frictional, seasonal, and cyclical. Main causes of unemployment in India include its large population, poor education levels, downturns in investment, and low manufacturing investment. Solutions include changing industrial techniques, assisting seasonal unemployment, reforming education, promoting self-employment, and controlling population growth. The government has implemented schemes like Pradhan Mantri Mudra Yojana, Pradhan Mantri Rojgar Protsahan Yojana, and Skill India Mission to address

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    2 views9 pages

    Unemployment: Group 5

    Uploaded by

    Divya
    Unemployment refers to those actively searching for work but unable to find it, and is used to measure an economy's health. India's unemployment rate is estimated at 7.45%. There are several types of unemployment, including structural, frictional, seasonal, and cyclical. Main causes of unemployment in India include its large population, poor education levels, downturns in investment, and low manufacturing investment. Solutions include changing industrial techniques, assisting seasonal unemployment, reforming education, promoting self-employment, and controlling population growth. The government has implemented schemes like Pradhan Mantri Mudra Yojana, Pradhan Mantri Rojgar Protsahan Yojana, and Skill India Mission to address

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 9

    Unemployment

    Group 5
    Introduction
    • Unemployment refers to a situation where a person actively
    searches for employment but is unable to find work.
    • It is used as a measure of the health of the economy
    • Person is capable and willing to work
    Contd
    • Centre for Monitoring Indian economy,estimates India’s
    unemployment rate is around 7.45%
    • Unemployment rate is calculated as:-
    • = no of area residents without a job and looking for work / total
    no area residents in the labor force
    Types

    • Structural
    • Frictional
    • Seasonal
    • Cyclical
    MAIN CAUSES
    • Sizable population
    • Working population’s poor educational attainment
    • Labor intensive experiencing a downturn in private investment
    especially following demonetization
    • Transitioning between three sectors
    • Low investment in the manufacturing sectors and inadequate
    infra
    Solution
    • Change in industrial technique
    • Dealing with seasonal unemployment
    • Changes in the Education system
    • Assistance on Self employment
    • Population control
    Government schemes
    • Pradhan Mantri Mudra Yojana (PMMY)
    • Pradhan Mantri Rojgar Protsahan Yojana
    • Skill India Mission
    • Pradhan Mantri Garib Kalyan Yojana (PMGKY)
    References
    • https://prepp.in/news/e-492-government-schemes-for-unemployment-in-in
    dia-indian-economy-notes

    • https://byjusexamprep.com/upsc-exam/explain-the-measures-to-solve-une
    mployment-problems
    Thank You

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