Vol. 17 No. 1: April 2022
Employment procurement or resource to procure employment is a big challenge in a country where population explosion is high. India in terms of population is not in a good condition because there is a swift rural to urban population migration due to unemployment. Rural to urban population migration pinches the economic progress brutally. Because, Rural areas become vacant therefore rural industrialisation and agriculture start decaying in shortage of labour in rural areas. Government has to make unplanned arrangements like food, shelter, safety etc. for the over populated urban areas. And, on the other side income generation of such population is not included in GDP. Thus, It raises concern and presents a massive mismatch between the GDP growth and the situation on the ground. The numbers show an improvement in the gross domestic product or the overall economy, which is likely to grow above 9 per cent in the current financial year that ends on March 31, 2022. It is a marked improvement from last year when the economy had contracted by 7.3 per cent. This should actually mean more income, more prosperity and more jobs. This situation gives rise to K-shaped economic condition where certain formal sector grows while the informal sector lags behind. Therefore, government should immediately take an action to demorialise rural to urban population migration. Government should favour traditional employment methods as the rural population has developed skills in those methods.
Journal of commerce and trade is now launching 23rd issue i.e., Vol .17 No. 1 April , 2022. Please be connected with us via email or whatsapp. Share your views to me. Distribute your paper at your social media handles and groups to let the public know about your paper or research.
Index
Published:
01-05-2022
