Employment generation schemes: MNREGA, Skill IndiaMahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), launched in 2005, aims to enhance livelihood security by guaranteeing at least 100 days of wage employment in a financial year to…
Measurement and trendsUnemployment is defined as the condition where individuals are willing to work at the prevailing wage rate but cannot find jobs.The measurement of unemployment in India is conducted by organizations…
Types: Structural, cyclical, frictional, disguisedUnemployment refers to the situation where individuals are willing to work at the prevailing wage rate but cannot find jobs.Structural Unemployment: Occurs due to a mismatch between skills available…
Government schemes for poverty alleviationMahatma Gandhi National Rural Employment Guarantee Act (MGNREGA): Guarantees 100 days of wage employment to rural households.MGNREGA aims to create sustainable assets like roads, canals, and ponds in…
Measurement: Poverty line, Tendulkar and Rangarajan committeesPoverty Line is a benchmark used to measure the level of poverty in a country.It is based on the minimum income required to meet basic needs like food, clothing, and shelter.In India, the Planning…
Types: Absolute, relativeIntroductionPoverty refers to the inability to meet basic needs such as food, shelter, and clothing.In India, poverty is a significant socio-economic challenge, affecting millions of people.The…