Why is it not an easy thing for a country like India to maintain employment growth at 2%?
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It is not an easy thing for a country like India to maintain employment growth at 2% because of:
- Huge Population: 2% jobs means 24 crores jobs per annum.
- Craze for capital intensive techniques: Indian industrialists have a craze for capital intensive techniques.
- Ignorance of cottage and small scale industries: In India, cottage and small scale industries are not being given as much importance as required.
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