How to Create More Employment
Employment creation is done by identification, promotion, and locating industries and services in semi-rural areas. Every state or region has the potential for increasing the income and also employment for people in the area and can be done with the help of tourism, any regional craft industry, or some new services like IT. A study was conducted by Planning Commission, also known as NITI Aayog; which estimates to nearly about 20 lakh jobs can be created in the sector of education only.
The central government of India has made a law for implementing the Right to Work in around 625 districts of India and which is known as Mahatma Gandhi National Rural Employment Guarantee Act or MGNREGA, 2005; for all those who are able to work in the rural areas would be guaranteed 100 days of employment in a year by the government. If the government fails in its duty for providing employment, it will provide unemployment allowance for the people.
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CBSE Notes Class 10 Economics Chapter 2 : Sectors of the Indian Economy
An economy is understood better when we study its components or sectors. So, in the CBSE Notes Class 10 Economics Chapter 2- Sectors of the Indian Economy, we will learn important aspects of the 3 types of classification of the economy; primary, secondary, and tertiary, organized/unorganized, and public/private sectors. To understand this chapter better, we will relate the topics to daily life and these topics will help us to familiarise ourselves with some fundamental concepts like employment, Gross Domestic Product, and so forth.