Unemployment in India: Hindrance to Inclusive Growth

Unemployed people face a variety of difficulties, including difficulty obtaining new work and lower-income. Unemployment has far-reaching consequences for the economy and society.

Some of the Most Common Drawbacks of Unemployment for Individuals

• Reduced Income
• Health Problems
• Negative Familial Effects
• Mental Health Challenges

Effects of Unemployment on the Society

• Loss of Human Resources
• Increase in Poverty
• Social Problems
• Political Instability
• Exploitation of Labour
• More Emphasis on Capital Intensive Techniques
• Defective Education System
• Reduced Economic Development
• Psychological Problems
• Increased Crime Rate

Effects of Unemployment on the Economy

• Burden ofUnemployed on government and economy
• Reduced spending power of the employed
• Economic recession
• Slow growth of economic sector

SDG 8

• Goal 8 of the Sustained Development ....