1. Unemployment occurs when willing and capable individuals are actively seeking employment but are unable to secure jobs. It signifies a situation where a part of the workforce remains jobless despite being available for work. This condition arises due to a lack of suitable job opportunities in the maRead more

    Unemployment occurs when willing and capable individuals are actively seeking employment but are unable to secure jobs. It signifies a situation where a part of the workforce remains jobless despite being available for work. This condition arises due to a lack of suitable job opportunities in the market, leading to income loss and societal challenges. Unemployment can take various forms, such as frictional, structural, cyclical, or seasonal, impacting individuals and the economy.

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  2. - Gender Discrimination: Societal biases undervalue women's work, resulting in unequal pay and limited access to better-paying jobs. - Occupational Segregation: Women are directed to traditionally 'feminine' jobs, often undervalued and offering lower wages. - Lack of Education and Skills: Limited acRead more

    – Gender Discrimination: Societal biases undervalue women’s work, resulting in unequal pay and limited access to better-paying jobs.

    – Occupational Segregation: Women are directed to traditionally ‘feminine’ jobs, often undervalued and offering lower wages.

    – Lack of Education and Skills: Limited access to quality education and skill development restricts women’s entry into higher-paying roles.

    – Care Responsibilities: Unpaid caregiving duties limit women’s availability for higher-paying jobs or career advancement.

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  3. Human capital is considered the most valuable as it comprises skills, knowledge, and expertise acquired through education and experience. This capital enables adaptability to change, drives innovation, and boosts productivity, essential for economic growth. Unlike other forms of capital, human capitRead more

    Human capital is considered the most valuable as it comprises skills, knowledge, and expertise acquired through education and experience. This capital enables adaptability to change, drives innovation, and boosts productivity, essential for economic growth. Unlike other forms of capital, human capital can continuously develop, providing long-term advantages. Investment in human capital not only benefits the economy but also enhances societal well-being and reduces inequalities.

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  4. India can generate substantial employment in sectors like Information Technology (IT), Manufacturing, Healthcare, Renewable Energy, Education, Agribusiness, and Tourism. These sectors offer opportunities in software services, manufacturing industries, healthcare services, renewable energy technologiRead more

    India can generate substantial employment in sectors like Information Technology (IT), Manufacturing, Healthcare, Renewable Energy, Education, Agribusiness, and Tourism. These sectors offer opportunities in software services, manufacturing industries, healthcare services, renewable energy technologies, education & skill development, agricultural value chains, and hospitality. Diversification and skill development in these sectors hold the potential to create ample employment opportunities for India’s workforce.

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  5. The issue of educated unemployment is unique to India due to: 1. Skill-Mismatch: Education may not align with industry needs, causing a gap between graduates' skills and job requirements. 2. Population Pressure: Large numbers of educated individuals enter the job market, surpassing available opportuRead more

    The issue of educated unemployment is unique to India due to:

    1. Skill-Mismatch: Education may not align with industry needs, causing a gap between graduates’ skills and job requirements.

    2. Population Pressure: Large numbers of educated individuals enter the job market, surpassing available opportunities.

    3. Quality of Education: Varied educational quality and inadequate training may limit job prospects for graduates.

    4. Limited Job Creation: Economic growth might not generate enough suitable jobs for educated job seekers.

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