This video lesson is based on the ideas of growth, informalisation and different other relevant economic issues
Introduction to CBSE Class 11 Business Studies Chapter "Employment: Growth, Informalisation, and Other Issues"
The chapter “Employment: Growth, Informalisation, and Other Issues” in CBSE Class 11 Business Studies offers an in-depth analysis of the employment sector in India. It begins by defining employment and its significance in economic development, followed by a discussion on the trends in employment growth over the years. The chapter highlights the shift from the agricultural sector to the service and industrial sectors, examining the factors driving this transition.
A significant portion of the chapter is dedicated to understanding informalisation, where the workforce moves from formal, organized sectors to informal, unorganized ones. This section discusses the characteristics of informal employment, such as lack of job security, benefits, and formal contracts, and its impact on the economy and workers’ quality of life.
The chapter also addresses various issues related to employment, such as underemployment, disguised unemployment, and the challenges faced by specific groups like women and youth. It discusses government initiatives and policies aimed at improving employment opportunities and working conditions, including skill development programs and labor laws.
Assignments for CBSE Class 11 Business Studies Chapter “Employment: Growth, Informalisation, and Other Issues”
- Research Project: Conduct a survey in your locality to identify the proportion of the workforce in formal and informal sectors. Present your findings in a report.
- Case Study Analysis: Analyze a case study of a successful government or NGO initiative aimed at improving employment opportunities in the informal sector.
- Debate: Organize a debate on the topic “Informalisation: Boon or Bane for the Indian Economy?” and present arguments for both sides.
- Policy Review: Review a government policy on employment and evaluate its effectiveness in addressing employment issues.
- Essay Writing: Write an essay on the impact of digitalization on employment patterns in India, highlighting both positive and negative aspects.
Conclusion
The chapter “Employment: Growth, Informalisation, and Other Issues” is a crucial part of the CBSE Class 11 Business Studies curriculum. It provides students with a comprehensive understanding of the employment landscape in India, the challenges posed by informalisation, and the role of various stakeholders in addressing these issues. By studying this chapter, students gain valuable insights into the complexities of the labor market and the importance of sustainable employment growth for economic development.
"Preparing for the Class 6 exam? Notebook is your go-to resource for learning anytime, anywhere. With courses, docs, videos, and tests covering the complete syllabus, Notebook has the perfect solution for all your study needs. Join Notebook today to get everything you need in one place.
Questions and Answers for CBSE Class 11 Business Studies Chapter "Employment: Growth, Informalisation, and Other Issues"
- Q1: What is informalisation of employment? ANS: Informalisation of employment refers to the shift of the workforce from formal, organized sectors to informal, unorganized sectors, characterized by lack of job security, benefits, and formal contracts.
- Q2: How has the employment structure in India changed over the years? ANS: The employment structure in India has shifted from being predominantly agricultural to having a growing share in the service and industrial sectors.
- Q3: What are some characteristics of informal employment? ANS: Characteristics of informal employment include lack of job security, absence of formal contracts, irregular wages, and no access to employment benefits like healthcare and pensions.
- Q4: What is underemployment? ANS: Underemployment occurs when workers are employed in jobs that do not utilize their skills fully or when they work fewer hours than they would prefer.
- Q5: What is disguised unemployment? ANS: Disguised unemployment refers to a situation where more workers are employed than actually needed, often seen in agricultural sectors where productivity does not increase with additional labor.
- Q6: How does informalisation affect the economy? ANS: Informalisation can lead to a lack of tax revenue for the government, reduced worker protections, and lower overall productivity due to unstable employment conditions.
- Q7: What initiatives has the Indian government taken to improve employment? ANS: The Indian government has launched various initiatives like Skill India, Make in India, and the National Rural Employment Guarantee Act (NREGA) to enhance employment opportunities and working conditions.
- Q8: How does employment growth contribute to economic development? ANS: Employment growth contributes to economic development by increasing income levels, enhancing consumer spending, reducing poverty, and improving overall living standards.
- Q9: What challenges do women face in the Indian labor market? ANS: Women in the Indian labor market face challenges such as gender discrimination, wage disparity, limited access to certain job sectors, and balancing work with domestic responsibilities.
- Q10: Why is skill development important for employment growth? ANS: Skill development is crucial for employment growth as it equips workers with the necessary skills to meet industry demands, enhances productivity, and improves employability in a competitive job market.
