In various ways the employment-income crisis in the country can be handled effectively. Explain (200 Words)
Refer - Business Standard
Enrich the answer from other sources, if the question demands.
IAS Parliament 2 years
KEY POINTS
· The Ukraine war, high inflation though lower than many developed nations the changing workforce requirements in the post-Covid world, all call for a transformational education-skill continuum.
· Tamil Nadu’s opportunities for skilling for all, and Madhya Pradesh’s pilot in some villages for full employment through the Livelihood Mission are worth emulating.
· Tamil Nadu and Maharashtra’s fairly good student-teacher ratio in higher education, with a large number of technical and service-oriented institutions and courses, explains women’s higher work participation as well.
· A database of all men and women seeking employment or enterprise support needs to be drawn up for each and every local body, rural or urban.
· Livelihood initiatives have demonstrated how a community cadre of Bank Sakhis and Bank Mitras and a community-based recovery mechanism help in reducing non-performing assets and in ensuring timely credit where it is needed.
· Rural Self Employment Training Institutes (RSETIs) ought to emerge as the enterprise hub for their respective districts.
· Courses in partnership with the Krishi Vigyan Kendras can meet the skill deficits in mechanisation and modernisation of agriculture and allied activities.
· All of this could also benefit from merging the skills ministry with the Ministry of Education, as that is where we can leverage partnerships for a higher-order economic activity requiring higher-order skill sets. This alone will tackle the employment-income crisis.
K. V. A 2 years
Kindly review
IAS Parliament 2 years
Try to include data from periodic labour force survey. Keep Writing.
