Currently about 75% of Indian people lives in rural areas and almost all them depend on main economic activities normally and agriculture and associated financial activities especially for livelihood. The new economic policy is chiefly accountable for significant number of population shifting into the tertiary and secondary sectors. Disguised unemployment and seasonal unemployment would be the characteristic traits of Indian agriculture. Successive governments are making good attempts to motivate entrepreneurs to establish production companies, solutions, in rural and backward areas to reduce unemployment rate. Unemployment among the educated and rural certainly are several the other features of employment situation. That is due of the fact that provide far exceeds the requirement.
Each year several universities do produce graduates and post graduates, but these educated need to wait for many years for a decent occupation, so under employment also is a characteristic feature in India. Governments at state and central levels also have been advocating many self employment strategies, and employment assurance programs for 100 days annually. Females and employment: In rural India nearly all females are engaged in main economic activities. Throughout the agricultural lean season, they migrate into the neighboring rural and away from urban areas to get a contractual work in construction of schools, buildings, business complexes alongside other services.
Some urban females are employers. The working women ratio has been growing since 1991. Post-1991, the number of women working overseas has also increased. Brain drain and Migrations: The extremely educated, skilled and unskilled people still migrate to developed and gulf countries for a better work environment and lucrative perks. Inside the nation the migrations for much better occupation avenues take place from rural into rural, rural into urban, urban into urban areas. Due to many numerous reasons, the rural areas couldn't attract desired levels to investment hence increase in migrations. The nation's high financial growth rate for the past many years couldn't reduce brain drain.
The Indian soft ware along with other IT professionals are in high demand in many developed nations. In Gulf nations there was a lot of requirement for skilled workers, engineers, technicians, but local provide is less hence the gulf nations depend on inexpensive, but extremely skilled Indian artisans. The Indian teachers and physicians too are in need from several nations of the world. Out sourcing jobs: Due to very low labor along with other input costs in India, the nation was a favored place to go for the out sourcing contracts from many developed economies resulting in improvements in occupation opportunities to several educated youth of India. The U.S.A., U.K.,are a number of the countries having out sourcing contracts with India. Mixed economics to market economics! Providing occupation to that the people of India has been one of that the main objectives of that the public sector units.
