Why is educated unemployed a peculiar problem of india

NCERT Solutions For Class 9 Social Science Economics Chapter 2 People as Resource Economics Class 9 Ncert Solutions Chapter 2 People as Resource Question-1 What do you understand by ‘people as a resource’? Solution: ‘People as Resource’ is a way of referring to a country’s working people in terms of their existing productive skills and abilities. Human resource is an asset for the economy rather than a liability. Population becomes human capital when there is investment made in the form of education, training and medical care. In fact, human capital is the stock of skill and productive knowledge embodied in them. Question-2 How is human resource different from other resources like land and physical capital? Solution: Human resource is different in the following ways: • Land and other resources are fixed, limited and specified whereas human resources can be nurtured through education and health. • Human resources can bring a change in other resources whereas other resources can not change or affect human resource. • Human resource can make use of land and physical capital whereas land and physical capital can not become useful on its own. More Resources for NCERT Solutions Class 9 • • • • • • • • • Question-3 What is the role of education in human capital formation? Solution: Educated people find jobs in private firms while the uneducated people continue with the same work as their parents. They earn a meagre income like their parents, which is just enough to support a fami...

Lack of Skill Development • Most of the Indian education system is based on theoretical knowledge rather than practical skills development. • The curriculum does not include training for practical skills required for various job roles. • As a result, graduates are not equipped with the necessary skills required by the industry. • This makes it challenging for them to find suitable jobs. Low Industrial Growth • India has been facing a stagnant economic growth rate for the past few years. • The industries are not growing at the pace required to provide adequate employment opportunities. • As a result, the job market is not expanding at a rate that can absorb the increasing number of graduates. Reservation System • The reservation system in India provides a certain percentage of jobs to people belonging to specific categories. • This system has been implemented to provide equal opportunities to all sections of society. • However, this has created a situation where deserving candidates are often overlooked, and the jobs are filled by people who do not have the necessary qualifications. • As a result, many educated candidates are unable to find suitable jobs. India needs to address these issues to provide adequate employment opportunities to its educated youth. The government needs to focus on skill development and encourage industrial growth to create more jobs. The reservation system needs to be reformed to ensure that deserving candidates get the jobs. Only by addressing the...

According to recent reports, India’s unemployment numbers are at a record high. The "If the economy is growing at 12% nominal growth for the last five years, it would be an economic absurdity to say that such a large economic growth, the highest in the world, doesn’t lead to the creation of jobs… If no job creation takes place then there is social unrest. This has been a peace period where no major social agitation has been witnessed in the last five years.” There are competing narratives about the significance of ‘official’ unemployment rates on the larger canvas. For example, writing for Hindustan Times, There is also no doubt that, contrary to the minister’s assertion, social agitation is taking place across the country. However, as The Print in response to Jaitly’s remarks, it is fortunate that social protests have so far primarily involved people making political and economic demands of the government and “generally not crossed into the dangerous territory of challenging the authority of the state.” There is another lurking danger, however, that Pai hints at: That social protests begin to target special ethnic groups who are perceived – rightly or not – as beneficiaries of the status quo or of the current government’s policies. Before considering the impact of unemployment in all its forms on social protests and on political and democratic stability, it is necessary to throw the size of India’s young population and education – especially college education – into the m...

Table of Contents • • • Very Short Answer Questions 1. For better economic growth, which investments in human resources should be done, either in modern technology, in healthcare and education, in food and drink or in transportation? Answer: Only healthcare and education relate completely to human resources and so investment in this should be done for better economic growth. 2. Construction is an activity of which sector? Answer: Construction is an activity of the Secondary sector. 3. Sprinkling crops with insecticide is an activity of which sector? Answer: Since, this is an activity which is a part of agriculture, it is an activity of the Primary sector. 4. Navodaya Vidyalayas have been started for which kind of school children? Answer: Navodaya Vidyalayas have been started for talented school children residing in rural areas. 5. Sarva Shiksha Abhiyan is meant to provide what kind of education? Answer: Sarva Shiksha Abhiyan is meant to provide elementary education (up to class VIII) to children in the age group of 6 to 14 years. 6. What is the age group of population which is treated as the workforce? Answer: The workforce population in India includes people from the age of 15 to 59 years. In other countries, this may be slightly different. For instance, it is 16 to 65 years in USA. 7. Unemployment wastes what resources? Answer: Unemployment refers to human beings and thus it washes human resources, 8. In which category of activity will you place a social worker educating...