The one line solution to unemployment would be to generate more employment opportunities. But how?
Few of the following should definitely help generation of employment opportunities:
- Support and infrastructure for cottage industries
- Encourage cottage /Small Scale Industries much more that big business houses.
- Encourage open sourcing of technologies for non-hi-tech items. Open sourcing here implies making the technological know-how available to common man and do away with patents which are older than a specific period.
- Stop irrational patenting of consumer products suitable for cottage industry.
- Zero technology products should be more produced by cottage industries /SSI instead of big business houses.
- Promote usage of products produced by indigenous SSIs and cottage industries.
- Confine big industries including multinationals to only high tech products.
- Efficient channelizing of funds from government meant for development and support
- Entrepreneurship needs to penetrate deep into villages, in a non-invasive manner, taking care of forests, agriculture as well as culture.
- Protection of cottage industry. No harm in promoting capitalism and big houses, but cottage industry needs to be protected and promoted.
- Ensure education for all
All would agree that if all common consumer goods were produced by a Lakh cottage/SSIs across the country, it would create more job opportunities and economic growth than if the same was produced by 10 big companies across the country.
Comments
dinesh
NIT
suggestion correction: Encourage cottage /Small Scale Industries much more "that" big business houses.
Encourage cottage /Small Scale Industries much more than big business houses.