What are the strategies that the government has undertaken to reduce unemployment?
The strategies that the government has undertaken to reduce unemployment are:
• The government has introduced various schemes for creating self-employment opportunities in rural areas. Swarna Jayanti Gram Sewa Rozgar Yojana (SGSY) is one of those schemes of 1999.
• The government has stressed the development of Cottage and Small-scale industries as they provide more employment by adopting labour intensive techniques.
• Various schemes like Prime Minister Rozgar Yojana, (PMRY), Swam Jayanti Shahri Rozgar Yojana (SJSRY) has been started by the government for providing employment to the educated youth in the urban area.
• The government has liberalized rules and law to promote entrepreneurship, incentivized businesses that create jobs and improved quality of education
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