Measures to reduce Unemployment:
To solve the problem of unemployment following measures can be taken:
1. Population control: In India by taking effective steps for population control, rate of population growth can be reduced. So the labour supply will reduce and factors of production will remain surplus which will increase the rate of investment and employment opportunities can be increased.
2. Increase in the rate of economic development: In the economy of a country by co-ordinating various sectors of economy, efforts should be made to increase capital investment between public, private and co-operative sectors. In agriculture sector irrigational and other facilities should be increased to keep the agricultural growth rate high. Thus, if the rate of economic development is being increased continuously, the problem of unemployment could be solved.
3. Employment oriented planning: With the establishment and development of employment oriented industries, the production of consumer goods will increase and employment will increase. In construction sector through employment oriented planning more employment can be generated. By using labour intensive production technique unemployment problem can be solved.
4. Employment oriented education: Present education system is responsible for unemployment. So it is necessary to give vocational education in the field of trade, commerce, business, agriculture and other fields. After getting such education it is easy to get employment.
5. Development of cottage and small- scale industries: As compared to large industries, cottage and small-scale industries have capacity to create employment with a low investment. So the development of cottage and small-scale industries should be accepted as the best alternative in the industrial policy. This will reduce the problem of unemployment.
6. Extension of infrastructural facilities: With the development of infrastructural facilities in rural areas, employment opportunities will generate in agriculture and allied sectors. This will reduce the unemployment.
7. Speed and expansion of green revolution in agricultural sector: To solve the problem of unemployment in rural areas, green revolution should be speed up and effort should be made to extend it to more area. This can increase the opportunities of employment.
