Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsUNEMPLOYMENT5 Marks
Question
When did India make planned efforts to increase economic development and unemployment?
✓
Answer
In $1951,$ government introduced the problem of economic development and unemployment in its first five year plan, but problem of unemployment became more severe.
The level of unemployment at the end of the first five year and later plan can be understood from following information:
At the end of first five year plan, $53$ lakh people were unemployed. This increased to $304$ lakh at the end of fifth five year plan and $348.5$ lakh at the end of ninth five year plan.
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