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Employment Growth Informalisation Other Issues — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsEmployment Growth Informalisation Other Issues3 Marks
Question
Why is employment considered so important in the Indian development policy?
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Answer

Employment is considered so important in the Indian development policy because of the following reasons:
  1. More employment will lead to higher level of national income since, production and employment are directly related
  2. Employment is crucial to removal of poverty.

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