The General Studies 2 (Mains) Paper comprises the core of the exam
INTRODUCTION
Unemployment is the condition of one who is capable of working, actively seeking, but unable to find any work. The unemployment rate is estimated to be 4.9 per cent.
Causes of Crisis
#1 The increasing population of the country.
#2 Low emphasis on educational and vocational skills of the working class.
#3 Less government support with legal complexities and low infrastructure.
#4 Less financial and market support to small scale industries.
#5 Complex licensing on business and lower investments.
#6 Low productivity of the agricultural sector which is the backbone of the Indian economy.
Solutions
#1 Use of Labour-intensive Technology Ex-Mass manufacturing clothing centres for Nike
#2 Accelerating Investment in Agriculture Ex- NREGA
#3 The expansion of education and health care not only promotes accumulation of human capital and thereby contributes to growth of output, will also generate a good deal of employment opportunities.
#4 Population control measures are also required.
#5 Industrialisation-Led Strategy absorbing surplus labour in productive employment in the modern industrial sector.
Conclusion
Unemployment is an unfortunate- yet solvable- reality in our country. Resolving it will lead to reduction in poverty and illiteracy as a by-product and thus raise our human development and human capital