Unemployment rate is very high. The problem is structural and there are both long term and short term causes of the problem. The major reasons are:
- Weak aggregate demand of the country.
- Global economic is passing through rough patch.
- Low emphasis of our curriculum on skill development and training.
- Age old educational programme and curriculum.
- There is a mismatch between the quality of demand by employers and the skilled workforce present. Acc.to NSSO 68th survey only 4.69% of the workforce is skilled.
- Poor regulation of ITI, Skilled training institutes etc.
- Most of the training institutes are pocketed in urban areas and this facility is unavailable in rural areas.
- Our Industrial sector is also weak where employability rate is higher as compared to agriculture and service sector.
Solutions:
- Organising Job fairs at regular intervals in rural and urban areas.
- Preparation of data base with block level mapping.
- Proper emphasis on Make in India.
- More expenditure on skill development, training, research etc.
- Look out for global employment and provide training to youth here in India. This mapping will help immensely.