Context
Recently Centre for monitoring Indian Economy research has raised issue regarding increasing unemployment in India around 7.9%
Background
Analysis
Understanding the concept of unemployment
How do we calculate the unemployment rate?
What is the labour force?
Labour force refers to the part of the population which supplies or offers to supply labour for pursuing economic activities for the production of goods and services and therefore, includes both employed and unemployed persons.
What are the actual challenges in the Indian economy?
Why is the unemployment rate rising sharply?
What are the impacts of unemployment in India?
Suggestive measures
Conclusion
The government needs to come up with policies for generating employment opportunities and stemming the reverse migration from manufacturing jobs to low productivity employment.
Increase expenditure on MGNREGA and various other schemes which provide direct employability. Skill the workforce based upon the newer technologies and based upon the present requirements of the industries.
Verifying, please be patient.