India is 2nd largest populated country and this country is suffering from a huge crisis called “unemployment”. The increasing rate of unemployment would lead India in a “great depression” Which would make the country unstable in terms of economy.
Unemployment means a person willing to work but unable to find a qualified job. Our country is facing many problems but one of the serious problem is of unemployment. Many graduates, doctors, engineers, scientist are unemployed or working underemployed. Due to unemployment we are wasting our country’s human resource.
If the problem of unemployment is solved it will help in development of the country. With Population of1.20 billion in our country the unemployment rate is increasing day by day. The problem of unemployment is rising but still many industries are facing the problem of skilled candidate for their company. There is a boom of software companies, Outsourcing companies in India, but still facing the problem of unemployment.
some of the reasons why there is unemployment in India
Indians don’t take jobs which are below their grades.
Low wages or salary below the market rate.
Many big industries look for the skilled candidate only, for their company.
Many Employers give preference to the experienced candidates only and not the fresher.
Problems caused due to unemployment
1.The problem of unemployment gives rise to the problem of poverty.
2.Young people after a long time of unemployment find the wrong way to earn money.
3.To get rid from the unemployment stress, they accept alcohol or drugs.
4.Unemployed youths accepts suicide as the last option of their life
5.Lower economic growth
Solutions to the unemployment in India
The very first solution for the unemployment is to control the rising population of our country.
Development of the rural areas will stop the migration of the rural people to the urban cities and this will not put more pressure on the urban city jobs.
Government should allow more foreign companies to open their unit in India, so that more employment opportunities will be available.
The quality of Indian education should be improved. The current education system is not upto the level.
Rapid Industrialization should be created.