Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsUNEMPLOYMENT2 Marks
Question
"Labour intensive technique is more applicable for India." Explain.
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Answer
In India there is lack of capital and number of labour unemployed force is more.
Due to this question, labour intensive technique is more useful.
In labour intensive technique, there is less investment, more employment opportunities are possible.
In general sense, small and cottage industries are linked in labour intensive technique.
Large scale industries are capital intensive l technique.
According to one estimate $7.5\%$ employment is generated from the large scale industries to solve the problem of unemployment in India.
Consumer goods industries and labour intensive technique, small scale industries, agricultural sector like animal husbandry, dairy, fishing industries need more investment like large scale industries by this employment opportunities will increase.
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