Author Archives: Mohd Sadiq

About Mohd Sadiq

I am student of B.Tech (Computer Engineering) at Jamia Millia Islamia, New Delhi. The authors of the posts published on this website are someone else. They have granted permission to publish their posts on this website.

Suggestions For Unemployment In India

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Suggestions For Removing Unemployment In India

This article focus on “Suggestions For Removing Unemployment In India“, for reasons of Unemployment In India please refer here.
Mainly the following suggestions are given to remove unemployment

  1. Control on Population Growth

    To control unemployment appropriate controls on population growth should be made, otherwise on the basis of the present growth rate, India’s population would become more than 125 crores by the year 2015.

  2. Development of Non-agricultural Subsidiary Industries

    In India agriculture witnesses seasonal unemployment. Thus, in villages the agriculture related industries must be developed so that the farmer is able to earn something in free time. For this, the subsidiary activities of animal husbandry, poultry farming, gardening, milk business etc. can be developed.

  3. Development of Small Industries

    Small and cottage industries must be established, so that people get employment at low capital investment. For this, such small scale industries must be developed which are labor intensive.

  4. Full Capacity Utilization

    Many industries in India are working at less than their full capacity. Such industries must be encouraged to utilize their full capacity, so that employment opportunities may be increased in such industries.

  5. Exploitation of Natural Resources

    The government should search for such natural resources by which new industries may be established. It is a known fact that natural resources are in abundance in India, that is why, it was named as the “Golden bird”.

  6. Increase in Investment

    To increase the. employment opportunities, household savings must be encouraged, so that more capital formation may be done and investment increases. This would assist in the establishment of new industries and employment opportunities would increase.

  7. Demand and Supply of Labor

    The demand and supply of labor should be coordinated in various production areas. For this, the future demand and supply of labor should be estimated and arrangements for their training etc. be made accordingly, so that the laborers in excess of the demand may find employment, elsewhere.

  8. Establishment of Power Houses in Villages

    About 80% of the population of the country lives in villages. To remove unemployment among the 80% population the “Bhagwati Committee”gave suggestions for the establishment of power houses in villages so that small industries may develop and no work stop in villages at night due to darkness.

  9. Suggestions of the Labor Commission

    The National Labor Commission gave the following suggestions for the solution of the problem of unemployment and underemployment

    • Predetermination of a national policy for employment
    • Formation of All India Manpower Services
    • Change in the education policy
    • Rapid industrial development
    • Survey the human resources of the country
    • Strengthen the job counselling services
    • Maintain at least one office at each community Development Division.
  10. Other Suggestions
    • Start the construction of roads
    • Provide facilities to construct rural houses
    • Expansion of small irrigation facilities
    • Agricultural service centers be established so that the technical people get employment also in villages.

Unemployment In India

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Unemployment In India

In ordinary language, when a person does not find any work for his livelihood, he is called an unemployed and this problem is called the problem of unemployment. In other words, if a person is willing to work and physically fit, and still does not get a job to earn his livelihood, such a condition is called unemployment.
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Suggestions For The Industrial Development Of India

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Industrial Development In Developing Countries

In developed countries there are several favorable conditions for industrialization, but in poor and developing countries there are several problems in its development. Even after some significant developments in the field of Industrialization in India, the country is still agricultural country and 38% of the national income and 70% of the population depends on the land.
For Problems with Industrialization look here
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Industrialization In India

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Industrialization In Developing Countries

In developed countries there are several favorable conditions for industrialization, but in poor and developing countries there are several problems in its development. Even after some significant developments in the field of Industrialization in India, the country is still agricultural country and 38% of the national income and 70% of the population depends on the land.
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Types Of Audit

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Auditing

An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law.

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Internal Check

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Meaning Of Internal Check

Internal check system is a part of the internal control system of the business. This is also called Internal Block. Each trader wants that he should be able to control the internal activities of his business, in such a manner that he can get maximum profits and the. chances of mistakes, fraud, etc., are could be minimum. The system of internal check is one such arrangement, in which the activities of employees are divided in such a manner that the work of one employee is independently checked by the other employee. Unless all employees of the organisation are become united, the chances of fraud etc., is not there.

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Social Audit

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Social Audit

The evaluation of the social responsibilities of an industry, company or firm is defined as Social Audit. In practice it can be called the appraisal of the activities of the social responsibilities of an organisation. Every industry runs in the society, for the society, thus the aim of any industry is not only to earn maximum profits, but it has some responsibilities towards the society in which it exists. Through this type of audit, the auditor examines as to what extent the industry is carrying out its responsibilities.

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Verification Parameters

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Verification Of Assets

For verification of any assets the auditor has to mainly check some general points, which are almost similar for all kinds of assets, still according to the name of the asset, the auditor verifies them in the following manner

The main parameters to verify the value of an asset are

  • Debtors
  • Goodwill
  • Trade Mark
  • Land and Buildings

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Verification Of Assets

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Meaning Of Verification

It is the duty of the auditor that he specifically writes in his report whether the financial position of the organisation represented in the Balance Sheet is proper or not. He must make sure that all the assets shown in the Balance Sheet are actually present with the organisation or not, the organisation has valued them properly or not, they are free from all kinds of mortgages etc. or not. Similarly he has ‘to make sure about all liabilities also. In this way the auditor evaluates the assets and liabilities of the organisation and verifies them, and this work of the auditor is called Verification. Continue reading