Question
What types of financial support are provided under the PM Vishwakarma Scheme?
Please read the following passage and answer the following questions ( Q no15 to 18) based on the passage. Upskilling unorganized workers in India is essential to harness the potential of a vast and often underutilized section of the labor force. The unorganized sector, which includes daily wage laborers, street vendors, domestic workers, agricultural laborers, and others, constitutes nearly 90% of India's workforce. Despite its size, this sector faces numerous challenges, including low wages, lack of social security, and limited access to formal education or training. Upskilling these workers is crucial to improving their livelihoods, increasing their productivity, and fostering inclusive economic growth. One of the key reasons for upskilling unorganized workers is to enhance their employability and income-earning potential. Most workers in this sector have limited access to formal education and skill development programs, which confines them to low-paying, labor-intensive jobs. By providing training in relevant skills, such as digital literacy, technical expertise, or even soft skills like communication and problem-solving, workers can transition to better-paying jobs or start small businesses. This can help them break the cycle of poverty and contribute to the overall economic progress of the country. Another critical benefit of upskilling is the improvement in job security and working conditions. Many workers in the unorganized sector lack access to stable employment and are often exposed to unsafe working environments. With proper skills training, they can acquire specialized knowledge that makes them more competitive in the job market, enabling them to negotiate better wages and conditions. Additionally, upskilled workers are more likely to find employment in industries that provide social security benefits and adhere to labor laws, leading to an improvement in their overall quality of life.
More Economic and Social Issues ESI Questions
- The Union Budget proposes to develop how many weekly 'haats' or street food hubs in select cities over the next five years?
- Which of the following sectors is not part of the Industrial Index of Production ?
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- Which of the following statements about the FRBM (Fiscal Responsibility and Budget Management) framework is correct?
- In the Union Budget 2025–26, the fiscal deficit target for FY26 is set at 4.4% of GDP. From a fiscal policy standpoint, this target primarily reflects—
- As per the Census 2011, the total number of internal migrants in India is _________.
- ‘Global Findex database’ released by which of the following international organization?
- The "STREE" initiative under the Ministry of Rural Development aims to:
- In FY25 (Apr–Dec), vegetables and pulses together had what CPI weight, yet contributed what share to overall inflation?
- What does the acronym ULLAS stand for in the context of the ULLAS- Nav Bharat Saaksharta Karyakram scheme?
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