BUSINESS 

PROBLEM 
STATEMENT
ADESH SINGH,04

AKASH C MATHEWS,06

ANUSHA GUPTA,13

BHAVYA KALRA,20

CHAHAT ARORA,23

DEVANSHI JOHAR,29
 PROBLEM STATEMENT

– According to a report, the unemployment rate of India has gone up from four
percent to 7.6 percent in the last two years(May 2017-April 2019)
 OVERVIEW

– Unemployment crisis arises when people are willing to work but they are not able to find
jobs. Due to unemployment, people are not able to earn their living and it also lead to
reduction in output and also signifies that the economy is in a bad situation.
– Unemployment is of various types like:
– Structural unemployment which occurs when the needed skills in a job are not being
possessed by the candidate
– Cyclical unemployment which occurs according to the various business cycles.
– Seasonal unemployment which generally happens in agriculture as there are periods of high
growth as well as lowest growth
– Voluntary unemployment occurs when workers by themselves refuse to work as a result of
strikes or a lady going on a pregnancy leave and not coming back to work
 ISSUE TREE
Unemployment rate
has gone up in India

inappropriate
economic slowdown
education structure

increase in people living in lack of proper unablility to develop

population poverty curriculum specific skill sets

unability to cope up
large part
focus on theoretical with what is
dependent on unable to spend
tha practical required while
agriculture
working

unable to apply
leads to seasonal leads to mobility of labour forced to learn new
demand goes down things in practical
employment underdevelopment becomes difficult skills
situations

not counted in the supply goes down

language and unable to live
employment while and there is less
culture problems without family
does not add value need for labour
 FISH BONE
PREATO
 HYPOTHESIS TREE
making policies to
discourage capital
intensive techniques
Use of Labour-
intensive Technology
absorbing sufficient
Labour-Intensive
labour inplace of
Industrial Growth
foriegn technologies

Stratergizing ways
increase employment Accelerating increasing public and
Investment in private investments in
Agriculture agriculture

self emplyoment
Promoting self
friendly polices and
employment
support

Ineffective economic
planning proper regulation of gradual increase in tax
policies rates
Proper implementation
of GST
giving proper
awareness before
implementation

Unemployment rate
has gone up in India Formulating monetary
Control inflation polices to control Increasing Production
inflation

Creating an updating Staying connected guest lectures from

cirriculam with Industry industry experts
Faulty education
system
pormoting skills sets
Regularly identifying a providing counselling
according to person's
person strength services
strength
 CONCLUSION

– After analysis of the problem statement we can conclude that ineffective

economic polices and faulty education systems are the root cause of
unemployment. Strategizing and taking gradual steps towards increasing
employment by accelerating investment in agriculture and other industries,
promoting policies to self-employment and implementation of GST in a proper
way. Gradually promoting and creating a continuously evolving curriculum with
inputs from the industry so that the future generation becomes more skilled.