Informative

India: Unemployment Crisis Despite Rapidly Growing 6.7% GDP

Among the major social issues in India, one of the problems troubling the people the most is Unemployment. It would not be wrong to say that the problem of unemployment has started hollowing the country because there was unemployment even before our birth and in today’s India unemployment is increasing at a very large level. More governments have come and gone, but one problem remains the same in India. Extreme unemployment.

unemployment

Unemployment rate in India is continuously increasing month by month. According to the Center for Monitoring Indian Economy, the unemployment rate in India increased by 8.11% in April 2023. Earlier in March it was around 7.8%. And in February it was around 7.45%.

You must be seeing India’s GDP continuously increasing. India is the country where there was a lot of food shortage in 1947, but today India exports all the food items. All over the world, the number of unicorn company in India is increasing day by day, which is more than 110. But in the midst of so much development, the problem of unemployment in India is very high and where literacy in India is around 77%, why are we still seeing so much unemployment,

What are the factors due to which unemployment is increasing rapidly in India?

What is the major loss to the country due to unemployment? And how to get out of this, you might not know that this year India has overtaken China in population. If we look at the report, India’s population has reached around 142 crores.

India has overtaken China in population

In which about 68% of the population is between 15 to 64 years. Whereas the population above 65 years is only 7%. Meaning India is still a completely young country. On the other hand, if we talk about youth population, then about 50% of the country’s population is below 25 years of age. That is, it would not be wrong to call India a country with youth population. But you will be shocked to know that out of the 50% youth population in India, more than half have stopped searching for jobs. Yes, the youth in our country have now left everything and sat at home. However, it is not his happiness but compulsion in this.

Unemployment India has overtaken China in population.

Unemployment for women

According to a CMIE report, millions of Indians, especially women, are completely dropping out of the Indian workforce due to frustration over not being able to find the right job for themselves. These new figures reveal that the overall labor population in India is set to decline from around 46% to 40% between 2017 and 2022. Nearly 21 million people have gone missing from India’s workforce as of today.

There is only about 1% difference between the workforce of men and women in the country. In such a situation, if this difference is eliminated by 2050, then there can be a one-third increase in India’s GDP, which will give India an economy equals to six trillion dollars. Here, for those of you who do not know, let me tell you that the participation of women in India’s population is about 48%. But their contribution to the country’s GDP is only 17%. Whereas in China, women contribute about 40% of the economy of their country. And we are doing 17% and China is doing about 40% contribution of women in its GDP.

Whether men or women work, will the contribution be the same in the economy?

But it makes a big difference. When a man works in a family of five, he has to feed four more people in the family along with him. Due to which the burden of expenditure on that man increases.
If a woman also works in the same family, then more money will come into the house and overall development of the family will be more.

Example,

If we understand, then suppose that a person in a house earns about ₹ 20,000. If four people live in that house, then their entire income will be divided among the four people out of Rs. 20,000, on which each person will get Rs. 5,000. But if a woman also works in the same house and she also earns ₹ 10,000, then the total income of the house is ₹ 30,000. Which, when divided among four people, comes to around Rs 7,500, so overall the family is developing. But the sad thing is that instead of increasing, the number of women in the workforce is continuously decreasing and the reason behind this is that women are considered inferior to men.

Can’t women do the same work as men?

We saw evidence of this most during the Corona period. When more women’s jobs went to India than men’s. A report of the year 2019 claims that there were 3 crore people unemployed in India in the year 2019. Whereas after the lockdown, more than 10 crore people lost their jobs. After three years, today the country has left Corona far behind. But the National Family Health Survey believes that in the last five years, more than 2 crore women in India have dropped out of the workforce. Somewhere after these figures came to the fore, the Narendra Modi government’s Make in India program, which was started in the year 2014, which aimed to produce about 100 million jobs in India’s manufacturing sector by 2022, seems to have failed completely. Is.

Narendra Modi government's Make in India program

Corona epidemic really created a crisis in the Indian economy

Not only Corona but there are many such factors due to which every second person in India is wandering from place to place in search of employment. If you pay attention, you will know that the Indian Labor Laws of our country are inflexible and very destructive. Even its infrastructure is very bad, and this is the main factor which creates the situation of unemployment in India.

Unemployment

The basic reason of India is the education system of India. If we look here, a basic right to education was declared after independence. But the level of education in India could not develop in the way that schools and colleges grew very fast, but no school and college has focused on skill development yet.

education system of India.

It would not be wrong to say that in India

Our education system focuses more on quality knowledge and written examinations rather than practical skills. And when graduation is completed, there is a huge lack of skills and confidence in the children at the time of interview.

Capital Employment Guarantee

Due to the increase in population day by day, it is not in the control of our government to guarantee capital employment. Due to population growth, the burden on agriculture is increasing significantly. Besides, there are many main factors in agriculture sector like low productivity, defective economic planning, lack of capital,

Will it be easy to create 90 million jobs?

He is largely responsible for the unemployment of the country. But according to the report of Global Institute 2030, if India has to come out of the quagmire of unemployment by the year 2030, then for this about 90 million job opportunities will have to be created in the country. And according to the present situation of India, it becomes impossible to create 90 million jobs. If we talk about employment sequences, it can destroy not only people but the entire country.

unemployment of the country

Unemployment is also considered an indicator of national destruction. Unemployment brings with it things like industrial unexpectation, crime theft, dacoity and poverty, due to which the over national revenue keeps on falling. If you go to its political sequences, then it shows that how many problems can spread in the country due to this.

Impact of society on unemployment

When there is unemployment in the country, there remains a state of unrest in the society. There is resentment towards the government in the hearts and minds of the people, and in such times the government cannot remain stable either. The reason behind the discipline that is seen in very long term adjustment is unemployment, because due to family pressure, children study, but there is a fear in their mind that the situation in the country is such that there is unemployment. , will I get a job or not?

Unemployment and its impact on Indian families

Due to unemployment, today parents are not able to give proper education to their children. To meet the needs of the family, many children are put to work at an early age, due to which their education is not completed and They also become victims of wrong things. The need to earn money eats away at their childhood and many a times children fall into bad company and become juvenile delinquents.

If we pay attention, both poverty and unemployment are relative things. Wherever there is poverty, there will be unemployment. A country where there is a lot of unemployment definitely remains poor. There has always been poverty and unemployment in India. At one time India was called the golden bird of the world but after that the British came to India and started looting India.

Impact on India’s economy during British rule

It would not be wrong to say that unemployment started with the changes in India’s economy during the British rule. As industrialization started, people’s small industries started closing down. Due to which people had to start migrating towards the city. At the same time, due to the use of mechanical devices in agriculture, employment opportunities for agricultural workers reduced and in such a situation these people also started leaving villages and running towards cities. But at that time there were not so many jobs available in the cities.

Impact on India's economy during British rule

Unemployment in cities

Even today, there are not as many jobs in cities with higher population. Because of which it is not possible for every person coming to cities to get employment. Besides, there are so many flaws in our education system that if an educated person does not get a job, he finds it against his prestige to do any small job.

Unemployment in cities

Credit – Google

Because of which he does not get small jobs. This increases the number of people who have the qualifications to do any work and also want to do it, but they do not have any means of livelihood. Due to which their moral degradation continues. Their family has to face a lot of difficulties and for this many times people go against the law and start doing wrong things, due to which it has become very important to find a way for other employment.

Now the question arises that how to find unemployment solution?

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