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Economy: Unemployment in India - 1 Video Lecture | Crash Course for Haryana Public Service Commission (HPSC) - HPSC (Haryana)
FAQs on Economy: Unemployment in India - 1 Video Lecture - Crash Course for Haryana Public Service Commission (HPSC) - HPSC (Haryana)
| 1. What are the main causes of unemployment in India? |  |
Ans. The main causes of unemployment in India include a mismatch between the skills of the workforce and the needs of employers, economic fluctuations that lead to layoffs, underemployment, and a lack of job opportunities in certain sectors. Additionally, rapid population growth and inadequate educational resources contribute to the rising unemployment rate.
| 2. How does unemployment affect the economy of India? | |
Ans. Unemployment has several negative effects on the Indian economy, including reduced consumer spending, which leads to lower overall economic growth. High unemployment can result in increased poverty levels, strain on social welfare systems, and a decrease in national productivity. This cycle can hinder the development of infrastructure and social services.
| 3. What measures has the Indian government taken to address unemployment? | |
Ans. The Indian government has implemented various measures to combat unemployment, such as promoting skill development programs, launching employment schemes like the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), and encouraging entrepreneurship through financial assistance and incentives. These initiatives aim to create job opportunities and enhance the skill sets of the workforce.
| 4. What role does education play in reducing unemployment in India? | |
Ans. Education plays a crucial role in reducing unemployment by equipping individuals with necessary skills and knowledge that align with market demands. Improved educational systems can help reduce the skill gap, making graduates more employable. Vocational training and higher education initiatives are essential in preparing the workforce for available job opportunities in various sectors.
| 5. How does the informal sector impact unemployment rates in India? | |
Ans. The informal sector significantly impacts unemployment rates in India as it provides employment to a large portion of the workforce. While it offers flexibility and immediate job opportunities, workers in this sector often lack job security, benefits, and formal recognition. This can lead to underemployment and contribute to the overall challenges of addressing unemployment in the formal economy.
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Oct 21, 2025
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