Solving India's unemployment through industrial planning. - Page 58 |
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j Second. Plan. They (the workers) must take into consldera- | tion the interests of the nation as a whole. They will j j continue to function as i protection for the workers against employers when the economic conditions permit. However, they may have to go against the interest of the workers should the eeonomy fail. It is hoped that the trade unions of India will be able to steer clear of trouble and to meet the challenge of such occasions with i courage, and determination. ( Estimated employment in the Second Plan period. 1956 to 1961. Considering the present unemployment 1 situation and the additions to the labor force, it would seem difficult to visualize full employment being attained;i by the end of the Second Plan. Total outlay in the public sector is estimated to be about rupees 4800 crores of ; which rupees 3800 crores represent investment. In | addition to this tital, investment in the private sector is expected to be approximately rupees 2400 crores. !' Table IX shows the estimated employment targets for the 1 plan period. These estimates have to be judged in the context of the objective of the Second Plan providing the employment opportunities. Even if existing unemployment were to remain unchanged, 10 million jobs require creation for this purchase. The results of the plan in terms of employment are to be significant, but the problem of
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Title | Solving India's unemployment through industrial planning. - Page 58 |
Repository email | cisadmin@lib.usc.edu |
Full text | j Second. Plan. They (the workers) must take into consldera- | tion the interests of the nation as a whole. They will j j continue to function as i protection for the workers against employers when the economic conditions permit. However, they may have to go against the interest of the workers should the eeonomy fail. It is hoped that the trade unions of India will be able to steer clear of trouble and to meet the challenge of such occasions with i courage, and determination. ( Estimated employment in the Second Plan period. 1956 to 1961. Considering the present unemployment 1 situation and the additions to the labor force, it would seem difficult to visualize full employment being attained;i by the end of the Second Plan. Total outlay in the public sector is estimated to be about rupees 4800 crores of ; which rupees 3800 crores represent investment. In | addition to this tital, investment in the private sector is expected to be approximately rupees 2400 crores. !' Table IX shows the estimated employment targets for the 1 plan period. These estimates have to be judged in the context of the objective of the Second Plan providing the employment opportunities. Even if existing unemployment were to remain unchanged, 10 million jobs require creation for this purchase. The results of the plan in terms of employment are to be significant, but the problem of |