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Indian Economy: Employment: Growth, Informalisation & other issues Video Lecture | NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
FAQs on Indian Economy: Employment: Growth, Informalisation & other issues Video Lecture - NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
| 1. What is the current state of employment growth in the Indian economy? |  |
Ans. The current state of employment growth in the Indian economy is a matter of concern. Despite economic growth, job creation has not kept pace with the increasing working-age population. This has resulted in a high rate of unemployment, particularly among the youth.
| 2. What is the impact of informalisation on the Indian economy? | |
Ans. Informalisation refers to the increasing prevalence of informal or unregulated employment in the Indian economy. This trend has several negative impacts. It leads to a lack of job security, low wages, and limited access to social security benefits for workers. It also hinders productivity and economic growth.
| 3. What are some of the key issues related to employment in the Indian economy? | |
Ans. Some key issues related to employment in the Indian economy include a lack of job creation, particularly in the formal sector, mismatch between skills and job requirements, low wages, and a high rate of unemployment. These issues pose significant challenges to the country's economic development.
| 4. How does the Indian government address the issue of unemployment? | |
Ans. The Indian government has implemented several initiatives to address the issue of unemployment. These include skill development programs, promoting entrepreneurship, encouraging foreign direct investment, and implementing various employment generation schemes such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
| 5. What is the role of the education system in addressing employment challenges in India? | |
Ans. The education system plays a crucial role in addressing employment challenges in India. It needs to focus on providing quality education that equips students with the necessary skills and knowledge required by the job market. Additionally, vocational training and career guidance programs can help bridge the gap between education and employment.
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