unemployment

Human Resource Management and Human Resource Development and its indicators in India

  Human resource development includes development at various levels, including community. Community development requires HRD efforts, such as training and organization development. Community development is an alternative route to educating and training citizens of a community. Community settings, especially in developing countries, require that HRD practitioners take into account many factors, such as cultural variables, … Read more

Jobless growth

Jobless Growth: A Paradox of Progress The term “jobless growth” refers to a situation where a country’s economy expands, as measured by GDP growth, but the number of jobs created is either stagnant or declining. This paradox, where economic progress fails to translate into employment opportunities, has become a growing concern in many countries, particularly … Read more

Gross Domestic Product (GDP)

The Power of Production: Understanding Gross Domestic Product (GDP) Gross Domestic Product (GDP) is a cornerstone of economic analysis, providing a comprehensive snapshot of a nation’s economic health. It measures the total value of goods and services produced within a country’s borders over a specific period, typically a year or a quarter. Understanding GDP is … Read more

Employment status of India

EMPLOYMENT As per Employment-Unemployment Survey (by NSSO) of 2011-12 (latest available), total workforce employed stands at 47.36 crore; with 23.16 crore in agriculture and 24.2 crore in Industry and Services According to the fifth Annual Employment-Unemployment Survey (EUS) conducted between April and December 2015, 83% of the workers in India were self-employed, casual or contract … Read more

Recession

The Looming Shadow: Understanding Recessions and Their Impact Recessions, periods of significant economic decline, are a recurring feature of modern capitalism. While they are often associated with negative consequences, understanding their causes, characteristics, and potential solutions is crucial for navigating these turbulent economic waters. This article delves into the intricacies of recessions, exploring their definition, … Read more

Unemployment in India

Unemployment in India: A Persistent Challenge Unemployment is a multifaceted issue that plagues economies worldwide, and India is no exception. While the country has witnessed remarkable economic growth in recent decades, the persistent problem of unemployment continues to cast a shadow over its social and economic landscape. This article delves into the complexities of unemployment … Read more

Quick Revision- MONETARY POLICY TOOL

Monetary Policy TOOL: There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) interest rate … Read more

Deflation

Deflation: The Silent Threat to Economic Growth Deflation, the persistent decline in the general price level of goods and services, is often seen as the opposite of inflation. While inflation erodes the purchasing power of money, deflation increases it. However, this seemingly positive effect can have devastating consequences for an economy, leading to a vicious … Read more

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