Why fast technological growth is not good for the Indian’s ?

As we all know our India is Second most populated country of the world and a large number of people from different religion , different caste living in India.

So,we must know that why technological growth is not much good for our Indian’s.

One of the main reason why technological growth in our Indian economy is not good for our Indians is that-

Unemployment

Unemployment means when a person is unable to get job even if he want to get the job and work…

So as we all know that a large number of population is living even in our India .So, if the technological growth happens the people who are doing work as labourers loss their jobs.

As you see in agriculture sector large no. Of people working in the agricultural sectors and earn money but due to growth in machinery lot of labourers loss they work. they have no other source of income and their income is zero

so, if there is a technological growth in our country like for example-if there is a technological growth in the the hotels of the country than large number of people such as manager of the hotel and other peoples like servants and all lost their jobs and there is no one who are are able to live their life because of this technology has a total control over our lives..

Robots ๐Ÿค– get full control..

So it is necessary for everyone to know that if any country has the largest number of population like us then we should use the labour intensive techniques(labur >capital) instead of the capital intensive technique(labour<capital) because if we use the capital intensive technique like technology than a lot of the laborors and a large number of the people who are daily wagers have lost their jobs and if they don’t take care of them they might die because of starvation..

Thanks


Comments

One response to “Why fast technological growth is not good for the Indian’s ?”

  1. sureshnarang Avatar
    sureshnarang

    keep it up…..

    Liked by 1 person

Leave a comment

Design a site like this with WordPress.com
Get started