Unemployment in India: A challenge in the age of innovations in technology

Abstract

Gandhiji once said "What I object to, is the craze for machinery, not machinery as such. The craze is for what they call labour-saving machinery. Men go on 'saving labour', till thousands are without work and thrown on the open streets to die of starvation." There has been a remarkable revolution in technology which has made life comfortable. The works are being done more quickly and efficiently but still people find it hard to earn money. The world has shifted from labour intensive jobs to techno savvy jobs. The current paper is an attempt to review the literature on the status of unemployment in the country in last more than 40 years. About 42 research papers have been sampled through rigorous judgmental sampling by identifying the regional and causal aspects of the research in the field of unemployment in the Indian subcontinent. The results concluded that there is ever lasting demand for new jobs with new technologies taking place of older ones that can lead to more new job opportunities without sacrifice of human work force at the cost of technology. The policies need to be upgraded regularly at the same pace as the changing technology within the available resources.