Economics
A study in Ahmedabad found that out of 15,00,000 workers in the city, 11,00,000 worked in the unorganised sector. The total income of the city in this year (1997-1998) was Rs 60,000 million. Out of this Rs 32,000 million was generated in the organised sector. Present this data as a table. What kind of ways should be thought of for generating more employment in the city?
Econ Sectors Ind
2 Likes
Answer
| Organised Sector | Unorganised Sector | |
|---|---|---|
| Number of Employees | 4,00,000 | 11,00,000 |
| Total income (million) | 32,000 | 28,000 |
A few ways of generating more employment in the city can be:
- Skill Development Programs — Implement vocational training and skill development programs to enhance the employability of the workforce, especially in sectors with high demand.
- Promotion of Small and Medium Enterprises (SMEs) — Provide incentives, subsidies, and easier access to credit for SMEs to encourage entrepreneurship and job creation.
- Tourism and Culture — Develop the tourism and cultural sectors by improving infrastructure, marketing, and preserving heritage sites to attract tourists and create related employment.
- Supporting Unorganised Sector — Formalise and support the unorganised sector by providing access to social security benefits, legal protections, and financial services.
- Enhancing Education and Healthcare — Improve the quality of education and healthcare to build a healthier and more educated workforce, which can drive productivity and innovation.
Answered By
1 Like
Related Questions
Give a few examples of public sector activities and explain why the government has taken them up.
Explain how public sector contributes to the economic development of a nation.
The workers in the unorganised sector need protection on the following issues : wages, safety and health. Explain with examples.
The following table gives the GDP in Rupees (Crores) by the three sectors:
Year Primary Secondary Tertiary 2000 52,000 48,500 1,33,500 2013 8,00,500 10,74,000 38,68,000 (i) Calculate the share of the three sectors in GDP for 2000 and 2013.
(ii) Show the data as a bar diagram similar to Graph 2 in the chapter.
(iii) What conclusions can we draw from the bar graph?