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Asked by Tushar Last Modified
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No, modernisation as a planning objective does not contradict employment generation. In fact, both modernisation and employment generation are positively correlated. While modernisation refers to the use of new and modern technology in the production process that may make some people lose their jobs in the initial stages. But gradually, the use of modern technology and input will raise the productivity and, consequently, the income of the people that will further raise the demand for goods and services. In order to fulfill this increased demand, there will be more job opportunities that will lead more people to be hired, and hence, more employment opportunities will be generated. Hence, both modernisation and employment generation are not contradictory but are complementary to each other.
read lessNo, modernisation as a planning objective does not contradict employment generation. Use of modern technology and tools will increase the income and this increased income will further increase the demand. In order to fulfill this increased demand, there will be more job opportunities that will lead more people to be hired and, hence, more employment opportunities will be generated.
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