The role of the small scale sector in employment generation in India

Abstract

Poverty and unemployment are, perhaps, the most sorious problems of the Indian economy. Inspite of some difference of opinions, most economists in India, hold the view that poverty and unemployment are positively associated. Employment provision, thus, holds the key to the solution of the major problem of Indian economy. It is, therefore, obvious that the Eighth Five Year Plan (1990-95) places more emphasis as the rate of growth of employment opportunities and not on the rate of growth (of the GNP) as done in the previous plans. It is clear that the problem of unemployment in India has attracted1 the serious attention of the planners. On this background, it wilL be necessary for KS to understand, in proper perspective, the unemployment scenario in India, before working any specific suggestion to solve the problem.