Emerging Problem of Unemployment in Indian Economy: Causes and Suggestions

Understanding the Impact of Unemployment on Indian Economy

Abstract

Unemployment is actually a bad occurrence in any human society as it negatively impacts in dimensions that are different directions. Additionally, it refers to an economic defect impacting the town structure. Therefore, the social and economic dimensions of unemployment improve complexity, so lead us to follow a number of analyses to realize its impact and nature effect on the progress. The consequences are actually verified by way of the presence of causal relation between rates of economic growth as well as the changing rates of unemployment prevailing in the economy. This particular paper examines unemployment in India and the present scenario of its. Additionally, it discusses the different authorities’ policy initiatives taken to change unemployment and the effect of its. The paper additionally indicates policy recommendations to better the present circumstance of unemployment prevailing in India.