Unemployment in India.

Ellen Wilkinson quotes, “Unemployment is bigger than a political party. It is a national danger and a national scandal.”

Unemployment is at a very alarming state in India, there are people who have necessary skill and talents, dying to get hired but everyone of them in vain because there are not enough jobs. The competition of the world is increasing very rapidly and everyone wants to be the best in everything. India caters to a whole bunch of creative generation who is frustrated, shattered because their work is not in the right hands. It’s because of this factor that poverty and development is coming into the cheek of our nation. There is a lot of growth in the educational sector but due to slow growth of technical and vocational facilities, a huge number of manpower is unnecessarily diverted towards general education leading to a peculiar educated unemployment problem in the country. The employment of the nation is slowly rising but how far is it true than only in statistics. We still have cases of suicide by the young generation because even after studying so hard they can’t even earn their living and feel worthless and helpless. Unemployment reduces the long run growth potential of the economy. There is loss of self-confidence, frustration, negative attitudes towards common things when there is loss of income, and a person’s self-esteem gets hurt due to these mental illnesses. People lose their skills due to no usage and it causes human capital loss. It brings tension at home; people cannot meet their financial obligations on time and it brings frustration among family members. India is now a home not only to not only a diverse group of people, but also to a large bunch of unemployed youth.

India is moving at a very faster rate of growth. Employment too should be a partner of the youth of today. We want our nation to reach at its peak, so education and employment is the first seed of it. Youngsters should be given more opportunities as the true charity is not giving bread or money, but providing employment.