To ensure adequate job creation, India needs a multi-faceted approach that can collectively foster a robust job market and sustainable economic growth. Discuss.
Kartavya Desk Staff
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
5. To ensure adequate job creation, India needs a multi-faceted approach that can collectively foster a robust job market and sustainable economic growth. Discuss. (250 words)
Difficulty level: Moderate
Reference: Live Mint , Insights on India
Why the question: For developing countries like India, the economy’s emergence hinges on raising productivity in labour-absorbing services. As with industrial policy, the equivalent deployed in this sector needs clarity of purpose. Key Demand of the question: To write about steps that are needed to overcome unemployment and ensure adequate job creation in the country. Directive word: Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments. Structure of the answer: Introduction: Begin by giving the context regarding the unemployment in India. Body: Firstly, write about the important causes that led to the increasing the levels of unemployment – supporting MSMEs, investing in infrastructure, enhancing education and skills, encouraging entrepreneurship, economic slowdowns, education and skills gaps, dominance of the informal sector, disparities in labor force participation, urban-rural imbalances etc. Next, write about the steps that must be taken to reduce the employment levels in the economy – Labour-intensive measures, Accelerating Investment, diversification of agriculture, decentralised development and upskilling etc. Conclusion: Conclude with a way forward.
Why the question:
For developing countries like India, the economy’s emergence hinges on raising productivity in labour-absorbing services. As with industrial policy, the equivalent deployed in this sector needs clarity of purpose.
Key Demand of the question:
To write about steps that are needed to overcome unemployment and ensure adequate job creation in the country.
Directive word:
Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.
Structure of the answer:
Introduction:
Begin by giving the context regarding the unemployment in India.
Firstly, write about the important causes that led to the increasing the levels of unemployment – supporting MSMEs, investing in infrastructure, enhancing education and skills, encouraging entrepreneurship, economic slowdowns, education and skills gaps, dominance of the informal sector, disparities in labor force participation, urban-rural imbalances etc.
Next, write about the steps that must be taken to reduce the employment levels in the economy – Labour-intensive measures, Accelerating Investment, diversification of agriculture, decentralised development and upskilling etc.
Conclusion:
Conclude with a way forward.