Cheat sheet · Class 12 · CBSE · Commerce Economics
Indian Economic Development: Employment – Growth, Informalisation and Other Issues cheat sheet
The whole chapter on one page: key formulas, facts and the points to remember, for quick revision before a test.
CBSE Class 12 · Economics
Cheat sheet
Chapter 12Employment: Growth, Informalisation and Other Issues
Jobless growth: GDP rises faster than employment.
1. Concepts
- Worker-population ratio.
- Self-employed, regular salaried, casual wage labourers.
- Formal (protected, 10+ workers) vs informal sector.
2. Trends
- Shift from agriculture to services, slowly.
- Casualisation and informalisation of work.
- Women's participation lower in urban areas.
3. Unemployment
| Type | Where |
|---|---|
| Disguised | agriculture — extra workers add nothing |
| Seasonal | agriculture |
| Open / educated | urban |
4. Key Points
- MGNREGA: 100 days' work guarantee.
- Informal workers lack social security.
- Self-employment is the largest category.
- Skill programmes help employability.
Remember: Worker types | formal vs informal | types of unemployment
More Class 12 · CBSE · Commerce Economics cheat sheets
- Macroeconomics: Introduction
- Macroeconomics: National Income Accounting
- Macroeconomics: Money and Banking
- Macroeconomics: Determination of Income and Employment
- Macroeconomics: Government Budget and the Economy
- Macroeconomics: Open Economy Macroeconomics
- Indian Economic Development: Indian Economy on the Eve of Independence
- Indian Economic Development: Indian Economy 1950–1990
- Indian Economic Development: Liberalisation, Privatisation and Globalisation – An Appraisal
- Indian Economic Development: Human Capital Formation in India
- Indian Economic Development: Rural Development
- Indian Economic Development: Employment – Growth, Informalisation and Other Issues
- Indian Economic Development: Environment and Sustainable Development
- Indian Economic Development: Comparative Development Experiences of India and its Neighbours
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