Which of the following statements about the growth of GDP and employment in India during 1951-2023 are correct?
(A) There was always fluctuation in the growth of GDP.
(B) Employment growth went beyond 2 per cent only during 1999-2005 and 2022-2023.
(C) In the late 1990s, employment growth fell to the level India had in the early stages of planning.
(D) In the late 1990s, the gap between the growth of GDP and employment narrowed.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A), (B) and (C) only
(A) There was always fluctuation in the growth of GDP. — Correct. GDP grew over the period, but its growth rate kept rising and falling.
(B) Employment growth went beyond 2 per cent only during 1999-2005 and 2022-2023. — Correct. These were the only two times in seven decades.
(C) In the late 1990s, employment growth fell to the level India had in the early stages of planning. — Correct. Employment growth started declining in those years.
(D) In the late 1990s, the gap between the growth of GDP and employment narrowed. — Incorrect. The gap widened: output grew while jobs did not.
NCERT (2026-27): “6.6 Growth and Changing Structure of Employment … During the period 1951-2023, Gross Domestic Product (GDP) of India grew positively and was higher than the employment growth. However, there was always fluctuation in the growth of GDP. During this period, employment grew at the rate of not more than 2 per cent most of the times. Only during two points of time (2022-2023 and 1999-2005), over the period of seven decades employment growth went beyond 2 per cent. Chart 6.3 also points at another disheartening development in the late 1990s: employment growth started declining and reached the level of growth that India had in the early stages of planning. During these years, we also find a widening gap between the growth of GDP and employment. …” |