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31 Million Unemployed Youth in India – Unemployment Rate in India Increased to 3.52 Percent

Unemployment or joblessness is the situation of actively looking for employment but not being currently employed. Unemployment Rate in India increased to 3.52 percent in 2017 from 3.51 percent in 2016.”Unemployment Rate in India averaged 4.05 percent from 1983 until 2017, reaching an all time high of 8.30 percent in 1983 and a record low of 3.41 percent in 2014″ Report Says. The Centre for Monitoring of Indian Economy points out that there are currently 31 million unemployed youth in India and 4.75 million people join the workforce every year.The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labour force

The following are the main causes of unemployment are  Caste System, Slow Economic Growth ,Increase in Population ,Agriculture is a Seasonal Occupation, Joint Family System, Fall of Cottage and Small industries, Slow Growth of Industrialization,  Causes of Under Employment This slow growth fails to provide enough unemployment opportunities to the increasing population. Today, the Education System In India is yet to make any substantial changes in this direction. Few schools are already exploring ways to bring about a change in the system to bring out a better future of an indiviual. Government are thinking of ways in which the education can offer a dynamic solution. Individuals with varied interests and aptitude can get trained on a variety of fields and jobs through this dynamic approach

“Jobs were damaged due to demonetisation and GST. Growing unemployment is a volcano that can erupt at any time. There is barely any sign of recovery,The government that promised to create two crore jobs a year is utterly clueless. The overall economic situation of the country is quite fragile” Chidambaram told. A report by Motilal Oswal, says that in order to reduce the rate of unemployment, the state has to create 10 million jobs per annum till 2030. Here, we see the inability of the system to provide work for the people. Within this system, we the students have been left with very few options. The demand for the right to work needs to be strengthened by student movements.

The unemployment rate is 6.1%. Effective steps Taken by Govt. to Increase Employment in India Integrated Rural Development Programme (IRDP), Drought Prone Area Programme (DPAP), Training for Self-Employment, Jawahar Rozgar Yojana, Employment in Foreign Countries, Self-employment to Educated Unemployed Youth, Nehru Rozgar Yojana (NRY) Small and Cottage Industries.

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