"In the recent times through various schemes and policies, the Government of India has taken vital initiatives to generate employment directly/indirectly."
Justify the statement giving valid arguments.
Show Hint
Solution and Explanation
Yes, the Government of India has indeed taken various measures through policies and schemes to generate employment both directly and indirectly. Some key examples are:
1. Direct Employment Initiatives: - Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA): This scheme provides wage employment to rural households by offering at least 100 days of employment per year. This directly contributes to employment generation. - Skill Development Initiatives: Schemes like the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) aim to skill the youth, making them employable in various sectors and thus directly impacting employment.
2. Indirect Employment Initiatives: - Make in India: This initiative aims to boost manufacturing in India, which has indirectly created millions of jobs in industries such as automobile, electronics, and textiles. - Startup India: By promoting entrepreneurship and providing support for startups, this initiative indirectly helps in generating employment as new businesses are created, leading to job opportunities.
Top CBSE CLASS XII Economics Questions
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.Read the following statements carefully:
Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Top CBSE CLASS XII Income and Employment Questions
- Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below: Assertion (A): Voluntarily unemployed people are those able-bodied people who are not willing to work at the prevailing wage rate. Reason (R): There exists zero involuntary unemployment at full employment level of equilibrium.
- Inflationary gap in an economy may exist when ------ at full employment level.
- In order to discourage any fall in Aggregate Demand, the Government of India may ------ the -----. (Choose the correct alternative to fill in the blanks)
- Read the following statements carefully: Statement 1: Constant rate of change of consumption (\(\Delta C\)) with respect to change in income (\(\Delta Y\)), is the reason for the straight-line consumption curve. Statement 2: Marginal rate of change between consumption and income is defined as Average Propensity to Consume (APC). (Choose the correct alternative)
- Elaborate the two components of Aggregate Supply in a two-sector economy.
Top CBSE CLASS XII Questions
- 2, b, c are in A.P. and the range of determinant $\begin{vmatrix}1&1&1\\ 2&b&c\\ 4&b^{2}&c^{2}\end{vmatrix}$ is [2, 16]. Then find range of c is
- A boy of mass 50 kg is standing at one end of a, boat of length 9 m and mass 400 kg. He runs to the other, end. The distance through which the centre of mass of the boat boy system moves is
- A capillary tube of radius r is dipped inside a large vessel of water. The mass of water raised above water level is M. If the radius of capillary is doubled, the mass of water inside capillary will be
- A circular disc is rotating about its own axis. An external opposing torque 0.02 Nm is applied on the disc by which it comes rest in 5 seconds. The initial angular momentum of disc is
- A circular disc is rotating about its own axis at uniform angular velocity \(\omega.\) The disc is subjected to uniform angular retardation by which its angular velocity is decreased to \(\frac {\omega}{2}\) during 120 rotations. The number of rotations further made by it before coming to rest is