Unemployment| rate of Unemployment of India| employment of India

 Introduction

• Unemployment stands as a leading social issue in India. The Ministry of Labor and unemployment keeps the track of unemployment records. As per the data from this ministry, india facing rate of unemployment 7.94% in urban areas and 7.44% in rural areas.

• There are ample efforts made by the government to target mainly rural and urban unemployment and offer employment opportunities to maximum people.

• If reports are believed, India will face a very slight increase, around 0.1% of increase in unemployment in India. This is due to the steps taken by the government, due to increasing awareness about education and due to rise in the number of skilled people in India.

Current Scenario and steps taken by the government to prevent Unemployment in India

• Considering the increasing rates of unemployment in India, government has taken some steps and initiatives to decrease unemployment through some policies. 

• India is a country of villages and thus, development of villages can contribute in the development of the nation. This scheme was launched keeping in mind the empowerment of rural areas of India.

• Every person working under this scheme will be paid the daily wages of Rs 150. Apart from this scheme, Indian government has launched a special newspaper segment in which, ample job openings are posted everyday to help the jobseekers find employment in an easy way. Along with the job opening posts, this newspaper also posts various government exam schedules and recruitment processes.

• Another important step is a web portal launched by ministry of Labor and Employment to avail common platform for jobseekers where they can search and apply for jobs. This portal consists of the job openings for government, private and contractual jobs. Also, several steps are taken to provide employment to disguised unemployed people in IT, manufacturing, biotechnology and such sectors.

Quick facts

• Around 58% of graduates and 62% post graduates stated that the reason behind their unemployment was unavailability of jobs matching their skills.

• More than 50% families in India families do not have any regular income source.

• According to the India skills report, out of 100,000 candidates, 96% candidates are unemployable.

• A powerful portal named National Career Service Portal is launched for educating unemployed people about different jobs in the privet or government sectors.
  
  
  

• Total employment of India is around 90% from which 93.5% people are employed in informal sectors while the other people are working with public or private sectors.

• India has performed considerably well in terms of job creation since last 2 years and this has helped South Asia attain 6.8% growth.

• In rural areas, the ratio of female unemployment is quite low compared to male unemployment while in urban areas, the situation is opposite.

• India’s rural unemployment rate is 7.15% while the urban unemployment rate is 9.62%.

• As per the surveys, unemployment for men especially in urban areas is very high compared to men living in rural areas as well as women working in rural and urban areas.

Conclusion: 

• If the government of India continues to make efforts for encouraging education and fighting against unemployment, India can compete with other developing countries and use its huge manpower to become a superpower.
  
  
  India simply needs to emphasize on education and skill development for meeting the high end requirements of jobs in different sectors. The collective efforts of Ministry of Labor and Employment and the government of India, can simply decrease unemployment in India while preventing a lot of productive workforce to leave the nation due to lack of appropriate jobs.