Unemployment in India: causes and possible solutions

Bc. Pritesh Sarvaiya, BSc

Master's thesis

Abstract:

In this study various factors have been considered to explore unemployment in detail. The unemployment is affecting various parts of the world and increasing poverty in these parts. To assess the causes of unemployment a detailed study has been presented in this report where unemployment and factors causing it in the various parts of the world are discussed. The report concentrates on Unemployment in India with an evidence report of data sets from 2010 to 2020. Impact on the country because of the recent pandemic Covid-19 has been also presented in a detailed study. The main goals to conduct this research is to identify and understand the relationship between education and unemployment and the economic sectors employing the highest number of the population. The research will be conducted using descriptive analysis, thematic synthesis and regression analysis along with comparative techniques will be applied in the present Master thesis. The findings from this research shows that there is a positive relationship between education and unemployment as one variable may affect the another and is proven in the Indian Economy since past few decades. The research analysis various factors such as education, income gap, gender discrimination, low wage rates, inflation rates, etc. which impacts on the unemployment rate. The conclusion on job scenario provides that it is changing and is also expected to change positively in upcoming years.

Keywords

India, Economic growth, Unemployment rate, Covid-19

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 31. 3. 2021

Obhajoba závěrečné práce

• Vedúci: Mgr. Elena Kuzmenko, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics Policy and Administration / Business Administration