भारत की आर्थिक विकास की कहानी प्रायः बेरोजगारी में निरंतर चुनौतियों से अभिमथित होती है। संरचनात्मक बेरोजगारी की अवधारणा का विश्लेषण कीजिए और भारत की वर्तमान आर्थिक स्थिति के संदर्भ में इसकी प्रासंगिकता पर चर्चा कीजिए। आर्थिक समावेशी वृद्धि को प्रोत्साहित करने के लिए नीति उपाय सुझाइए। (15 अंक, 250 शब्द) India's economic growth story is often overshadowed by the persistent challenges of unemployment. Analyze the concept of structural unemployment and discuss its relevance in the context of India's current economic situation. Suggest policy measures to promote inclusive job growth. (15 marks, 250 words)
Introduction
Unemployment refers to the proportion of working age population that is unable to find work suited to their capabilities
19 words
Main Body
As per PLFS report it is around 10% among youth (15-29 years).
Structural Unemployment refers to the issue in which proportion of population is working in farm sector at low wages and unable to transition to manufacturing sector.
Lastisan economy explains this transition as the country's growth takes place.
India's current economic situation:
The transition from agriculture to manufacturing sector did not take place successfully and India jumped directly to service sector (contributing over 50% GDP)
This has resulted in structural unemployment.
Reasons for this:
Policy measures to address the issue and promote inclusive growth:
i) Make in India scheme : Improving the manufacturing GDP - to 25% and 100 Mn jobs.
ii) Assemble in India for network product (ES).
iii) PLI scheme incentivising the production of goods - (Atmanirbhar Bharat)
iv) Mobile phones, net exports now
v) Investment in capital infrastructure and formation of industrial towns.
vi) SEZs to promote export.
vii) RoDTEP scheme to improve the product competitiveness in foreign market
viii) Skill India Mission for skilling workers. Improving the participation of workers by skilling them along with investment in the manufacturing will help in achieving the (years to get) capability of our country.
Diagram
Shows transition from farm sector (low wages, low productivity, disguised unemployment) to manufacturing sector (higher wages, higher productivity, better standards of living)
- Clear explanation of structural unemployment concept
- Statistical data (PLFS, ES24) supporting the argument
- Identifies root causes of sector transition failure
- Comprehensive policy solutions with specific schemes
- Links policy measures to achieving inclusive growth
Aditya Agarwal
Indian Economy
Unemployment and Economic Growth
Structural Unemployment and Inclusive Growth
297
Total words
24
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