Macro-Economic problems in IndiasteemCreated with Sketch.

in #general6 years ago

{......POVERTY.....}

  • Poverty is a social phenomenon where in section of society is unable to fulfill even its basic necessities of life .

  • In India , the poverty line is define on the basic of calorie in take . according to this , 2100 calories a day has been fixed for urban areas and 2400 calories in rural areas .

  • Alternatively , in monthly per capita consumption expenditure terms , the poverty line fixed at ₹780 for rural areas and ₹960 for urban areas in 2004-05 . The poverty has two aspects : Absolute poverty and Relative poverty .
    {.....UNEMPLOYMENT..}

  • An economic condition marked by the fact that individual activity seeking jobs remain unemployed. Unemployment is expressed as a percentage of the total available workforce . The level of unemployment varies with economic condition and other circumstances .

  • In India , a person working 8 hours a day for 273 days of the year is regarded as employed on a standard person year basis .
    {..TYPES OF UNEMPLOYMENT STRUCTURAL UNEMPLOYMENT .}

  • This type of unemployment is associated with economic structure of the company , I.e productive capacity is inadequate to create a sufficient number of jobs .
    (..Under Employment..)

  • Those labourers are under- employed who obtain work , but their efficiency and capability are not utilised at their optimum and as a result they contribute in the production up to a limited level .
    (...Open Unemployment ..)

  • When the labourers live with any work and they don't find any work to do , they come under the categories of open unemployment . The migration from rural to urban area in India , which is an example of open unemployment .
    (...Disguised Unemployment..)

  • If a person does not contribute anything in the production process or in other work , if he can be removed from the work without affecting the productivity adversely , he will be treated as disguised unployment .
    (...Frictional Unemployment ..)

  • Frictional unemployment is the time period between jobs when a worker is searching for or transiting from one job to another .
    (...Seasonal Unemployment..)

  • It appears due to a change in demand based on seasonal variation . Labourers do not get work round the year .
    (..Classical Unemployment..)

  • This type of unemployment problem arises when they wages rise above the equilibrium full employment level .
    (...Cyclical Unemployment..)

  • The demand for labour increases with the economy in the boom phases . Again , when the economy passes through recession , demand for labour contracts and the surplus is released as the unemployment labour force .

    Thanks for reading steemitians friends ☺️ 👍
    @ seas

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true said man

Poverty is biggest evil for India.

Their are many problems in India. But all the problems will be solved only when we all come forward together to solve them.

I hope problems will solve soon.

I just found out about it, good article!

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