Unemployment in India Practice Flashcards

Vocabulary flashcards covering the definitions, statistics, and primary causes of unemployment in India as detailed in the lecture notes.

Unemployment

A serious economic issue in India indicating the inability of the economy to provide sufficient jobs to its labour force.

Current India Unemployment Rate

Around $5.6\%$ according to recent estimates mentioned in the text.

Youth Unemployment Rate (15-29 years)

Approximately $13.7\%$, highlighting the severity of the issue for younger populations.

Jobless Growth

A cause of unemployment where economic growth does not generate sufficient jobs; during the tenth plan, GDP grew at $6\%$ while the unemployment rate was $$11\%^.

Rapid Population Growth

A factor that increases the labour force continuously, outpacing the rate of job creation.

Seasonal Nature of Agriculture

A cause of rural unemployment where the rural population depends on farming that provides work only during certain periods of the year.

Adoption of Capital-Intensive Technology

The increasing use of automation and machinery in industries which reduces the demand for labour in a labour-abundant country.

Education-Employability Mismatch

A condition where many educated individuals remain unemployed or underemployed; graduate employability is only about $54.8\%$.

Skill Development Report (2025)

A report citing employability rates of $54.8\%$ for graduates, $58\%$ for science graduates, and $71\%$ for engineering graduates.

Skill-Job Mismatch

A situation where there is growing demand for highly skilled workers, but the majority of the Indian labour force remains unskilled or semi-skilled.