a study in ahemdabad found that out of 15,00,000 workers in the city,11,00,000 worked in the unorganized sector.the total income of the city in the year(1997-1998) was rs 60,000 million. out of this rs 32,000 million was generated in the organized sectors.present this data on a table. what kind of ways should thought of for generating more employement in the city?
Asked by-akash
a study in ahemdabad found that out of 15,00,000 workers in the city,11,00,000 worked in the unorganized sector.the total income of the city in the year(1997-1998) was rs 60,000 million. out of this rs 32,000 million was generated in the organized sectors.present this data on a table. what kind of ways should thought of for generating more employement in the city?
Asked by-akash
Hi,
Following is the answer to your question:
Workforce
Employment
Income Generated
(in million)
Organised Sector
4,00,000
32000
Unorgansed Sector
11,00,000
28000
Total
15,00,000
60000
The following are the suggestions that can generate employment opportunities in the city:
i. Increase Production:It is of prime importance to increase production in industrial sectors in order to increase employment. For this purpose, small scale and cottage industries should be promoted. This will not only generate new employment opportunities but also assist the industrial sector, as the production of the small scale and cottage industries act as subsidiaries to the industrial sector.
ii. Increase Productivity:The demand and productivity for labour are directly related to each other.
iii.Control over Population: Population explosion is one of the important concerns for India. It hinders economic growth prospects. The rising population leads to the rise in unemployment and, therefore, poverty.
iv. Easy Credit and Finance: Often, people find it difficult to access finance due to the lack of sufficient financial institutions in the rural areas. Even if the finance or the credit is available, then this is provided at higher lending rates. The lack of credit acts as a bottleneck for the rural growth. Thus, financial institutions and banks should be set up to provide easy credit to the people.
vi. Education and Health Facilities: Along with primary and secondary schools, night schools for adults, imparting technical education and technical know-how, proper sanitation and hospitals should be established in the rural areas.
Hi,
Following is the answer to your question:
Workforce | Employment | Income Generated (in million) |
Organised Sector | 4,00,000 | 32000 |
Unorgansed Sector | 11,00,000 | 28000 |
Total | 15,00,000 | 60000 |
The following are the suggestions that can generate employment opportunities in the city:
i. Increase Production:It is of prime importance to increase production in industrial sectors in order to increase employment. For this purpose, small scale and cottage industries should be promoted. This will not only generate new employment opportunities but also assist the industrial sector, as the production of the small scale and cottage industries act as subsidiaries to the industrial sector.
ii. Increase Productivity:The demand and productivity for labour are directly related to each other.
iii.Control over Population: Population explosion is one of the important concerns for India. It hinders economic growth prospects. The rising population leads to the rise in unemployment and, therefore, poverty.
iv. Easy Credit and Finance: Often, people find it difficult to access finance due to the lack of sufficient financial institutions in the rural areas. Even if the finance or the credit is available, then this is provided at higher lending rates. The lack of credit acts as a bottleneck for the rural growth. Thus, financial institutions and banks should be set up to provide easy credit to the people.
vi. Education and Health Facilities: Along with primary and secondary schools, night schools for adults, imparting technical education and technical know-how, proper sanitation and hospitals should be established in the rural areas.
