5 Marks Each

Question

How can increasing economic development help to curb unemployment?

Vidyadip · Accepted Answer

Increase in rate of economic development:

In Initial years of planning the rate of economic development use to be as $3$ to $3.5\%$. This rate later increased.
Increasing the economic development is one of the solutions to manage unemployment.

Solution:
If economic development increases at a higher rate, then employment opportunities can also increase at higher rate. This will solve the problem of unemployment.

In order to achieve high rate of economic development, there should be a tight and systematic co-ordination between various economic sectors.
Efforts should be made to increase capital investment in public, private and cooperative sector.
In agriculture sector irrigational facilities and other required facilities should increase and agricultural rate should be kept high.
Efforts should be made so that advantage of green revolution can be reaped by every state and village. This will help in achieving high economic development and thus employment.

$PLAN$	Percentage of total expenditure incurred behind education			Total
$PLAN$	Primary	Secondary	Higher and technical	Total
${8^{T H}(1992-97)}$	$48$	$24$	$28$	$100$
${9^{T H}(1997-2002)}$	$66$	$11$	$23$	$100$

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