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Question

Why is it not an easy thing for a country like India to maintain employment growth at 2%?

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Solution

It is not an easy thing for a county like India to maintain employment growth at 2% because of:

(a) Huge Population: 2% job means 24 crores jobs per annum

(b) Craze for capital intensive techniques: Indian industrials have a craze for capital intensive techniques.

(c) Ignorance of cottage and small scale industries: In India, cottage and small scale industries are not being given as much importance as requires.


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