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Discuss the measures that are needed to stimulate economic growth, create employment opportunities, and address the challenges of unemployment and underemployment in India.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

5. Discuss the measures that are needed to stimulate economic growth, create employment opportunities, and address the challenges of unemployment and underemployment in India. (250 words)

Difficulty level: Easy

Reference: Insights on India.

Why the question:

The question is part of the static syllabus of General studies paper – 3 and mentioned as part of Mission-2024 Secure timetable.

Key Demand of the question:

To write about steps that are needed to overcome unemployment in the country.

Directive word:

Discuss – This is an all-encompassing directive – you must debate on paper by going through the details of the issues concerned by examining each one of them. You must give reasons for both for and against arguments.

Structure of the answer:

Introduction: 

Begin by giving the context regarding the unemployment in India.

Body:

Firstly, write about the important causes that led to the increasing the levels of unemployment – economic slowdowns, education and skills gaps, dominance of the informal sector, disparities in labor force participation, urban-rural imbalances etc.

Next, write about the steps that must be taken to reduce the employment levels in the economy – Labour-intensive measures, Accelerating Investment, diversification of agriculture, decentralised development and upskilling etc.

Conclusion:

Conclude with a way forward.