Syllabus:
GS-3;
Employment , Government Policies and Interventions Focus: The concept of Universal Basic Income (UBI) has gained attention in India due to rising unemployment, automation, and growing income inequality. Debates are intensifying about whether UBI could provide a solution to these issues, especially given the challenges of jobless and job-loss growth. Current Employment Challenges in India: Jobless Growth: India faces a situation where economic growth is not translating into job creation. Despite rising output and productivity, the employment generation is lagging. Youth Unemployment: The International Labour Organization (ILO) reports that 83% of the unemployed […]
Full Post at universalinstitutions.com