Skip to main content

Translate Your Page

banking terms

  ✍️ CRR Cash Reserve Ratio is the minimum fraction of total deposits of a bank’s customers that banks have to hold as reserves with the central bank. ✍️ SLR Statutory Liquidity Ratio is the ratio of liquid assets to the net demand and time liabilities. ✍️ LAF Liquid Adjustment Facility is a tool to allow banks to borrow money through repurchase agreements. It consists of repo and reverse repo operations. ✍️ MSF Marginal Standing Facility allows scheduled banks to borrow funds overnight from RBI against approved government securities. ✍️ MSS Market Stabilization Scheme is a monetary policy intervention by RBI to withdraw excess liquidity by selling government securities in the economy. ✍️ OMO Open Market Operations refers to the buying and selling of government securities in the open market so as to expand or contract the amount of money in the banking system. ✍️ REPO Repo...

Unemployment : Major Problem in India

One of the major problems of India is unemployment. Unemployment means the state of being without any opportunity of earning one’s livelihood.

In the good, old, golden days when the population of the world was smaller, there was hardly a person who was not employed in some way or other to earn a living. But this situation no longer exists. In those days most people lived in the rural areas and depended on agriculture and cottage industries. But industrial civilization brought about a change in the situation. It introduced machines, and as a single machine can do the work of many men, it naturally threw many persons out of employment. No doubt, this industrial civilization has greatly increased the wants of and opened up many new opportunities for employment. But this increase in scope for employment has not been able to absorb the men discharged.

However, the automation of works has complicated the unemployment problem in India. The highly sophisticated machineries are run by skilled and trained people. On one hand, the skilled people get employed in these large industries. But, the large masses of unskilled Indians finds it hard get a job that suits their skills.

The population of our country is ever-rising. The abnormal rise in population has intensified the problem of unemployment in India. That is why the problem of employment has been getting more and more acute every year.

It is the responsibility of the State to provide work to the people. But the number of the unemployed persons in India is increasing at an alarming rate. More than one-third of the total population still lives below the poverty line. The number of registered unemployed, not to speak of those whose names are not in the register is quite shocking. The number of job seekers also on the register of employment exchanges is increasing by leaps and bounds. There are three classes of employment here. In the villages those people who live on agriculture work for four or five months in a year, idle away the rest of the time. During that period they practically remain unemployed. In the towns and cities there is another class of unemployed people who find no employment in the factories due to the setting up of big machines there. Lastly, there are a large number of educated people who are unemployed. The masses, the uneducated and even the illiterate adopt some way or the other by means of which they can earn their living. The educated, however cannot do this.

Problem of employment among educated youth is a serious one. For every vacancy, there are dozens of applicants. Out of many candidates who are interviewed, only few gets the job. A student dedicates several years of his life in studies. It is a worry-some condition that even after getting Bachelor’s and Master’s Degree, these youth population of India are facing unemployment problem.

Solutions: The solutions for unemployment problem in India are dangerous for human being and we all have to find the solution regard this. :
 I am Writing some point at my point of view.


1. The villages should become self-sufficient in their economy and the villagers would not run to the cities in search of jobs. This would ensure that the large-cities are not overcrowded with huge population. It would help maintain the balance between the job/vacancy and the job seekers.

2. The system of present education should also be changed radically. Instead of giving only theoretical education the students should be given vocational training, so that they can start some work after they finish their education. These institute prepares a student with skill and knowledge for a particular trade. There is growing demand for skilled people in various industries.

3. The country should promote industrialization so that more job opportunities can be created for the workers. The focus should be on heavy industries that employs thousands of man-powers of varied skills.

4. Last, but not the least, to solve the problem of unemployment in India, the growth of population must be checked and the family planning programmes must be properly implemented.


Comments

Popular Posts

Important Deserts of the world

Desert:  A desert is a barren area of land where little precipitation occurs and consequently living conditions are hostile for plant and animal life in desert their is less precipitation 1 . Continent:  Antarctica Desert Name:  Antartic 2. Continent:  Asia, Europe, North America Desert Name:  Arctic desert 3. Continent:  Asia Desert Name:  Karakum, Thar desert, Kyzylkum, Taklamakan, Arabian, Dasht-e Kavir, Dasht-e Lut, Gobi Desert 4.   Continent:  Africa Desert Name:  Kalahari, Namib, Sahara, 5.   Continent:  Australia Desert Name:  Gibson, Great Sandy, Great Victoria, Simpson, Tanami 6.  Continent:  Europe Desert Name:  Tabernas Desert 7.  Continent:  North America Desert Name:  Great Basin, Mojave, Sonoran 8.  Continent:  South America Desert ...

important one liners

Important One Liners GK Part 2 1 .Who is known as 'the founding father ' of space programmes in India? Dr Vikram A Sarabhai 2 .The study of soil is known as? Pedology 3.Who is the author of the book "The god of small things"?Arundhati Roy 4 .When was SEBI (Securities & Exchange Board of India) formed? 1988 5.What is the name of the organisation which is the commercial wing of ISRO?Antrix 6.What is the full form of MRI?Magnetic resonance Imaging 7.Who invented Dynamite?Alfred Nobel 8.What is the Theme for 69th Republic Day 2018?Sangat and Pangat9.What is the name of India's first supercomputer?PARAM 800010.Who is currently the chairman of Lok Sabha?Sumitra Mahajan 11.Agha Khan Cup is related to Which sports?Hockey 12.Global Malaria Summit 2018 was hosted which city? London 13.What is the chemical formula of Chloroform?CHCl3 14.Name the person, who became the first Indian to claim a gold meda...

Essay on Dowry System in India

 Dowry System Dowry refers to the valuables, money and other assets brought by the bride to her husband’s home on their marriage. Dowry system refers to the custom or cultural practice that involves giving away of a large sum of cash, property and other valuables at the time of marriage by the parents of the bride to the family of the groom. “Gods reside there where women are worshiped”. Though we know from one ancient culture and quote the above quotation, but things are quote different in our society. Introduction: Dowry system  is among the major social issues in India. The legislative measures against the system are in place. However, all these efforts have failed to effectively eradicate the social evil. Women in India are great victims of dowry system in our society, the male-dominated society. Dowry is illegal only on paper, in judiciary, or in legislature benches. Practically the daughter-in-law is generally treated as the goose that lays the ...