Answer of the day-Jobless Growth

Qustn

1.Indian growth story is a jobless story. What are the reasons for the same?.What steps have government taken to improve the situation?

India has mostly growth rate of above 4% since mind 1990s but the rate of increase ij employment has not been commensurate ti this growth, thus making Indian growth story a jobless story.

Following are the reasons for same

1.Most growth occur in service sector since 1991 but most employment is in agriculture sector, which hasn't grown that much

2.Lack of commensurate education for the new kind of job coming since 1991 reforms

3.Non availability of indigenous technology esp in areas like agriculture where most labours are wmploted

4.Policy issues---policy in the form of changing and increasing education,skilling people, improving ease of doing business etc to provide more jobs

5.Non availability of credits,ttechnology etc to MSME which is the major job provider in the country.

To address this issue government has taken following steps

1.Skill India programme---Thus making Indian ready for 21st century job

2.Improving ease of doing busienss---thus increasing business actovities and commensurate eemployment opportunity

3.Social reforms--like MNREGA, National Rural health mission etc--empowering peoples

4.Start-up,stand-up India programme, Make in India, Swachh Bharat Abhiyan etc

In the words of , India has 3D-demand,democracy and demography. And to better utilise these 3D increasing employment opportunity is the key requirement which can be improved by further encouraging skilling, improving education quality, further improving ease of doing business.