Question 13 Marks
Why is it not an easy thing for a country like India to maintain employment growth at 2%?
Answer
View full question & answer→It is not an easy thing for a country like India to maintain employment growth at 2% because of:
(a) Huge Population: 2% jobs means 24 crores jobs per annum
(b) Craze for capital intensive techniques: Indian industrialists have a craze for capital intensive techniques
(c) Ignorance of cottage and small scale industries: In India, cottage and small scale industries are not being given as much importance as required.
(a) Huge Population: 2% jobs means 24 crores jobs per annum
(b) Craze for capital intensive techniques: Indian industrialists have a craze for capital intensive techniques
(c) Ignorance of cottage and small scale industries: In India, cottage and small scale industries are not being given as much importance as required.