The Problem Of Unemployment In India

Unemployment is the position where people are willing and able to work but are unable to get work. Every year thousands of students graduate but not everyone got employed. People invest thousands and lakhs to achieve the most prestigious education possible but with no end to an employed future.

Since 2010, India’s unemployment rate increased tremendously and that came to a halt in 2019 with the rate increasing by 5.27%. Unemployment in India is still prominent due to many reasons, some of which are-

1. Population- due to India’s massive population the ratio between employment opportunities and employment seekers has increased. Leading to massive unemployment since the workforce required is less than what can employ.

2. Caste system and other discrimination- Even though the constitution of India forbids any discrimination against caste, creed, or color India still finds itself shoulders deep in discriminative activities.

3. Slow-growing economy- Due to the difference in the growth of the economy and workforce the gap of unemployment is increasing. The economy has been growing slow thus not creating as many opportunities.

4. Increase in institutions and universities- Since the last 10 years, universities and institutions have expanded tremendously whereas employment has only decreased with the expansion of technology.

5. Movement barrier- Due to responsibilities and attachments many laborers and professionals do not migrate in hope of finding a job nearby which could both earn them money and also not leave their family.

6. Disguised unemployment- Many people are employed at places that do not require that much manpower and yet due to so many people working there, it, in turn, increases disguised unemployment.

To increase employment and decrease unemployment, this issue has to be dealt with at the structural level and more opportunities have to be created for the backward class.

By: Kanak Kotnala
Gaurs International School