UNEMPLOYMENT — Economics STD 12 Commerce — Question

• During the initial years of planning the government gave more importance to economic development. This was done by giving more importance in developing key industries in public sector.
• This approach was needed to develop a strong foundation of industrialization.

Solution:

• In the present situation special emphasis should be given on ‘employment-oriented planning’.
• In this regard, India is already encouraging employment-oriented industries such as consumer goods and labour intensive industries, small and medium scale industries and business and trade, animal husbandry, dairy development.
• Doing so will increase the production of consumer goods, employment and bring economic stability.
• Employment oriented planning can also be done in construction sector to increase employment.
• State can also coordinate between capital intensive and labour intensive production techniques. It should also give more emphasis to labour intensive production techniques so that a large number of people can be employed.