Good morning to everyone in this room. I would like to thank the principal, the teachers, and my dear friends for allowing me to speak to you today about unemployment in India. India’s high unemployment rate is a big growth barrier. Performance issues, a lack of career opportunities, and a lack of education are a few factors that contribute to unemployment in India.
The Indian government must take strong action to resolve this situation. One of the most important difficulties that developing countries face is the rate of unemployment in India. It is one of the greatest obstacles to the country’s economic progress since it has a lot of additional negative repercussions on the individual and society as a whole.
Increased population, poor economic growth, seasonal employment, sluggish industrial sector expansion, and decline in cottage industries are the contributing factors to unemployment in India.
Population growth and slow economic expansion reduce job prospects for individuals, which increases unemployment. Just at a specific period of the year are seasonal jobs available, but slow industrial growth and a decline in cottage industry production have left many craftspeople jobless.
The Indian government should take action to manage the nation’s population, enhance the educational system, promote the industrial sector, encourage international businesses to set offices there, and provide seasonal workers in rural regions with employment prospects.
India has suffered from unemployment for a very long time. Despite the government’s efforts, not enough employment has been created despite the launch of several programs. Residents and officials should work together on creating marketable skills and more employment, and more jobs should be produced. Thank you.
