Unemployment is a term refers to folks who are enthusiastically in the hunt for a job but fails to get job due to some internal and external forces. Unemployment provide as one of the display of an economic status of the nation. The proportion of persons without a job is known as the unemployment rate; it fluctuates according to the state of economy once a nation’s economy is strong, budding and contributes a wide variety of job opportunity to general layperson in the country. The National Statistical Office (NSO) report stated that unemployment rate in urban drop off from 10.3% to 8.7% in May 2022 compare to December 2021. Government of India provides various schemes to eradicate the unemployment problem in India.
Poverty refers as the communities who are in lack of financial support or resources for their minimum standard of living to satisfy their basic needs like clean water, healthy food, shelter etc. Poverty is a complex cycle to rupture and frequently passes from generation to generation; it is specific by socioeconomic status, civilization, gender and topography. AS per NITI Aayog’s Multidimensional Poverty Index (MPI) 2021 stated that 25.01% of the population are laid in poverty which takes health, education and standard of living as three dimension factors to estimate poverty.
In India the biggest obstacle is eradication of poverty and unemployment where government measure are taken to solve it and motivate youth to become an entrepreneur “not a job seeker, become a job provider”.
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