Why is unemployment of educated people a problem in India?
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Why is unemployment of educated people a problem in India?
The high rate of unemployment among the educated is both due to the lack of sufficient jobs and poor schooling as well as the mediocre quality of education on offer at most colleges. This makes large numbers of graduates unsuitable for employment that is commensurate with their degrees.
Why does the government want to reduce unemployment?
Lower unemployment will reduce government borrowing and help economic growth. If the unemployed gain work, they will increase spending, and this will cause a positive multiplier effect which helps to increase economic growth.
Why does India have more unemployment?
As of September 2018, according to the Indian Government, India had 31 million jobless people. The rapid growth of population also being the burden on cultivation, low productivity in the agriculture sector, defective economic planning, lack of capital etc are also some of the foremost reason for unemployment.
What is the main reason of unemployment in India?
The major causes of unemployment in India are as mentioned below: Large population. Lack of vocational skills or low educational levels of the working population. Labour-intensive sectors suffering from the slowdown in private investment particularly after demonetisation.
Why do educated people in India are unemployed?
Educated but unemployed, a peculiar problem of India Educated unemployment has become a common phenomenon in India. Youths with matriculation, graduation and post-graduation degrees are striving hard to get jobs in India. This is because the education system in India labels and appoints anyone above the age of 18 years eligible to work.
What are the main causes of mass unemployment in India?
Lack of Industrial and Technical Training: Lack of industrial and technical training is also one of the major causes, contributing to the mass- unemployment among the educated young men in India.
Why is there a high rate of unemployment among the educated?
The high rate of unemployment among the educated is both due to the lack of sufficient jobs and poor schooling as well as the mediocre quality of education on offer at most colleges. Credit: YouTube screengrab According to recent reports, India’s unemployment numbers are at a record high.
What happens to uneducated unemployed people when the economy slows down?
When there is slowdown in economy, there is surge in the number of uneducated unemployed people. Many educated people are knocking at the gates of offices just for the position of a petty clerk and get disappointed when they read the words ‘No Vacancy’ on the gate.