The Hindu Editorial Vocabulary 18th July 2024

The Hindu Editorial Vocabulary 18th July 2024 is an effective tool for learning new words and their contextual meanings regularly. Candidates can get this resource for free to improve their vocabulary knowledge preparing for government exams.

Hindu Vocab On Employment Generation Challenge

Employment generation will remain a major challenge (the situation of being faced with) something that needs great mental or physical effort in order to be done successfully and therefore tests a person’s ability) before the Narendra Modi government in its third term, and the upcoming Union Budget is expected to take note of it. There are no easy ways out, given the swelling numbers of young job seekers, and the changing nature of the economy that requires fewer workers, thanks to rapid technological advancement. Recent studies have highlighted the seriousness of the challenge. The Annual Survey of Unincorporated Sector Enterprises (ASUSE) notes that just 21% of the total establishments used the Internet for entrepreneurial activities. The survey, quite similar to a previous report of the International Labour Organisation (ILO), says the unincorporated non-agricultural economy employed about 11 crore workers during October 2022 to September 2023 in comparison to about 9.8 crore workers during 2021-22. The ILO’s India Employment Report had also warned that the share of manufacturing employment was stagnant (not growing or developing), at around 12%-14% and the slow transition (a change from one form or type to another, or the process by which this happens) of jobs from agriculture to non agriculture reversed (to change the direction, order, position, result, etc. of something to its opposite) due to the COVID-19 pandemic. A Citigroup report too said the current rate of job creation will not be sufficient to meet future demand. The ASUSE had also noted that ‘Other Services’ contributed the maximum share (36.45%) to the total employment followed by ‘trading’ (35.61%) and ‘manufacturing’ (27.94%). Various Periodic Labour Force Surveys had also noted that 45.76% of the total workforce was engaged in agriculture and allied (similar or related in some way) sectors during 2022-23.

While the government cannot magically change the situation, it can initiate thoughts about solutions. The Swadeshi Jagran Manch has demanded that the Centre impose (to officially force a rule, tax, punishment, etc. to be obeyed or received) a robot tax and incentivise job creation in the Budget. The trade unions have asked the Centre to convene the long-pending Indian Labour Conference. Union Labour Minister Mansukh Mandaviya’s decision to reach out to trade unions is a positive development, but he must have stronger prescriptions (the act of telling someone else what they must have or do) than the Labour Codes to stop job losses and generate more jobs. Technological innovations should be to reduce the workload of people, and not to create hurdles (a problem that you have to deal with before you can make progress) for their livelihood. To industrialise agriculture production, the government should consider more public and cooperative investment to create more jobs and ease the load on farmers. It has to bring on board the private and public sectors, labour unions, States and political parties to design a growth model with job creation at its centre. Recent global experiences suggest that economic growth without employment growth can cause social and political upheavals (a great change, especially causing or involving much difficulty, activity, or trouble). This is not a problem that can be explained away, and an honest account of the problem will be a good starting point for mitigating (to make something less harmful, unpleasant, or bad) measures.

Hindu Vocab Wordlist 18th July 2024

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• Challenge: (the situation of being faced with) something that needs great mental or physical effort in order to be done successfully and therefore tests a person’s ability.
• Stagnant: Not growing or developing.
• Transition: A change from one form or type to another, or the process by which this happens.
• Reversed: To change the direction, order, position, result, etc. of something to its opposite.
• Allied: Similar or related in some way.
• Impose: To officially force a rule, tax, punishment, etc. to be obeyed or received.
• Prescription: The act of telling someone else what they must have or do.
• Hurdle: A problem that you have to deal with before you can make progress.
• Upheavals: A great change, especially causing or involving much difficulty, activity, or trouble.
• Mitigative: To make something less harmful, unpleasant, or bad.

Hindu Vocab Master 17th July with Synonyms & Antonyms

Know synonyms and antonyms of difficult words in Hindu Vocab Master on 17th July 2024.

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