What is the impact of industrial development on employment generation?

1.	What is the impact of industrial development on employment generation?
Answer» An important goal of industrial policies in India was to generate employment opportunities in industrial activities. Raising the proportion of people employed in factories is also generally seen as an important indicator of economic development of a country. Today nearly 2 lakh large factories and 3 crore small manufacturing units are operating in India. These units employ nearly about one-fifth of India’s 460 million workers. Number of employees generated in industrial section has increased from 11% in 1972-73 to 22 % in 2009-10. But large industries began to replace workers with technology. More and more automation has taken place. This has led to almost zero additional employment in large factrories.

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