Following are the strategies you should keep in mind that are undertaken by the Government to reduce unemployment:
1. Change in Educational System: More emphasis should be given to vocational education.
2. Checking of Population Explosion: Rapidly rising population should be checked by adopting family planning and welfare schemes.
3. Developing Infrastructure of Economy:Infra-structure of the economy should be developed.
4. Development of Cottage and Small-scale Industries: As they provide more employment by adopting labour intensive techniques.
5. Heavy Investment in Basic Industries:Investment in heavy and basic industries and consumer goods industries should be increased. They provide more employment along with the supply of consumer goods.
6. Introduction of Rural Works Programmes: Rural works programmes should be increased.
7. Modernisation of Agriculture:Modernisation of agriculture should be done. Waste lands should be utilised.
8. Stress on Self-employment: Young entrepreneurs should be financed for self-employment.
9. Subsidies to Private Sector:Subsidies and other incentives should be given to private sector.
