Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. There are two types of Unemployment in Economics – rural unemployment and urban unemployment. Types of unemployment in Economics Types of unemployment in Economics #1 Rural Unemployment The majority of […]
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. There are two types of Unemployment in India – rural unemployment and urban unemployment. Types of Urban Unemployment Unemployment in urban areas can be divided into two broad categories- industrial
Unemployment refers to the situation in which an individual who is able and willing to work at an existing wage rate does not get work. There are two types of Unemployment in India – rural unemployment and urban unemployment. Types of Unemployment in India Types of Unemployment in India #1 Rural Unemployment The majority of
Underemployment refers to the situation wherein individuals are less than fully employed. An underemployed person works for a lesser duration of time than what he actually can. Underemployment Definition This refers to the situation wherein individuals are less than fully employed. An underemployed person works for a lesser duration of time than what he actually
Animal husbandry is the most important non-farming activity in India. It employs about 70 million small and marginal farmers. Animal Husbandry Meaning It is also known as “livestock farming”. Mixed livestock farming is followed in India. Animal Husbandry comprises raising poultry, cattle, goats, and sheep. Importance of Animal Husbandry in India Forty percent of livestock
Fisheries in India are an important source of livelihood in coastal states such as Kerala, Maharashtra, Gujarat, and Tamil Nadu. The fishing community in India depends on waterbodies—both inland and marine. Inland sources include rivers, lakes, ponds, and streams. Seas and oceans are classified as marine waterbodies. Fishing as a means of livelihood is not
Horticulture in India is fast emerging as an important source of livelihood in rural areas. Horticultural crops include fruits, vegetables, and medicinal and aromatic plants and flowers. Presently, India is the second-largest producer of fruits and vegetables, which include mangoes, bananas, coconuts, cashew nuts, and a variety of spices. Importance of Horticulture in India Consequently,
Agricultural Diversification: Agriculture, which employs the majority of the population in India, is a seasonal occupation. Many farmers remain out of work for certain months of a year due to the seasonal nature of agriculture. As a result, these farmers are unable to ensure a continuous flow of income for themselves. Moreover, agricultural production in
Agricultural marketing does not simply refer to farmers’ act of bringing their produce to the market for the purpose of sale. Rather, it also includes all those activities that help farmers fetch the maximum price for their produce.
Rural credit is vital for the development of the agricultural sector and the consequent rural economic development. The produce of small…