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Muskaan Vig 5 years, 9 months ago
Posted by Abhishek Sharma 5 years, 9 months ago
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Dan • 5 years, 9 months ago
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Yogita Ingle 5 years, 9 months ago
Following are some important suggestions to solve the problem of unemployment in India:
(i) Increase in Production : To increase employment, it is essential to increase production in agriculture and industrial sectors. Development of small and cottage industries should be encouraged. Foreign trade should be encouraged and production of industries, minerals and plantation should be accelerated. Greater the production, greater is the demand for labour.
(ii) Increase in Productivity : Demand for labour is directly related to the productivity of labour. Higher productivity generates higher profits and therefore, greater demand for labour. Accordingly, productivity (implying efficiency) of labour must improve.
(iii) High Rate of Capital Formation : Rate of capital formation in the country should be accelerated. Capital formation should be particularly encouraged in such activities which generate greater employment opportunities. Capital-output ratio should be kept low. These days it is 3:6. It means, to produce goods worth Re. 1, capital worth Rs. 3.6 is invested. If capital-output ratio is high, then increase in the rate of capital formation will have very little effect on production and employment. It is, therefore, essential that along with increase in the rate of capital formation, there should be decrease in the capital-output ratio.
(iv) More Help to Self-employed Persons : Around 62 per cent of people in India are self-employed. Most of them are engaged in agriculture. Besides, they are also engaged in trade, cottage and small industries, building construction, restaurants, transport, etc. Government should provide facilities like irrigation, better seeds, manures, implements, credit, etc. to small and marginal farmers. In addition, self-employed persons in urban areas should be given facilities of credit, marketing, raw material, technical training and the like.
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Yogita Ingle 5 years, 9 months ago
A plan spells out how the resources of a nation should be put to use. It should have some general goals as well as specific objectives which are to be achieved within a specified period of time.
At the time of independence, the Indian economy was in its worst stage. The GDP, National and Per Capita income were very low and the unemployment was very high. The Industrial growth was insignificant also the Agricultural Sector was not doing well. The resources were very limited. So India opted for planning because it helps in spelling out how the resources of a nation should be used efficiently and economically, so that rate of economic growth can be accelerated.
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Yogita Ingle 5 years, 9 months ago
Over the past century, archaeologists working in the Middle East have time and again excavated seals bearing what they call “Indus-style inscriptions”, complete with the script and the usual unicorn or bull. However, such Indus- or Harappan-style seals discovered “overseas”, so to speak, displayed a different shape as well as craftsmanship, being shaped either as circles or cylinders which were “rolled over wet clay rather than pressed upon it.” At times, such seals have also been discovered from within the defined boundaries of the Indus Valley Civilization – or, shall we say, Meluhha, as most modern scholars agree the contemporarily-named Indus Valley Civilization was called at the time of its existence – such as the “Gulf seal” discovered from Lothal, Gujarat. All of these discoveries give rise to many questions: did the people from the-then Dilmun and Magan Civilizations – as the civilizations from the modern-day Bahrain and Oman were respectively known – produce those seals indigenously? If so, did they understand the Meluhhan language? Or did the Meluhhans themselves make different seals for trade-items being sent to different places? In which case, too, the question remains: could the people from neighbouring civilizations understand the script? If they could not, then why did the Meluhhans send them these seals? Or, if those civilizations produced them indigenously, why so? Answers to these questions might hold the key to the decipherment of the Indus Script, by aiding archaeologists in the discovery of a bilingual text: the Rosetta Stone of the Indus Valley Civilization.
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Muskaan Vig 5 years, 9 months ago
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