Question

"In a nation like India, self employment provides an important avenue for employment generation."

Defend or refute the given statement with valid arguments.

Answer 1

Self-employment is a crucial source of job creation in a country like India. Due to a growing population and a lack of conventional employment possibilities, self-employment enables people to establish their own means of livelihood, promoting social stability and financial security. Additionally, it encourages creativity, especially in fields where traditional job opportunities could be limited, which makes it essential for solving unemployment issues and advancing equitable economic growth.