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Ananya MAEAssignment5
Ananya MAEAssignment5
Ananya MAEAssignment5
unemployment
In developing countries, like India, where labour market is highly segmented, there
are three demographic groups who are in dire need of jobs-
The Indian government has launched several programs focusing on the above-
mentioned groups to increase employment. However, the recent randomized tests
carried out to test the effectiveness of such programs and policies have shown that
the impact on job creation is very limited. In contrast, higher employment incomes
have little or no impact on the country's GDP. However, the government must strive
to do something to eliminate opposition to people and businesses in order to find the
best match and increase the rate of jobs to accommodate the growing population.
India will adopt a radical approach to curb rising unemployment levels in such
distress.