Unemployment is defined as the condition of being without a job despite actively seeking employment and possessing the necessary qualifications, skills, and willingness to work. Types of Unemployment Frictional Unemployment: Temporary joblessness when individuals are between jobs or changing careers. Structural Unemployment: Occurs due to a mismatch between job seekers’ …
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Vadhavan Port Project and India’s Maritime Infrastructure
Context: The Union Cabinet recently approved the development of the Vadhavan Port, a major greenfield deep-draft port project in Maharashtra. This ambitious project, estimated to cost ₹76,200 crore, is poised to significantly enhance India’s maritime infrastructure. Project Details: Implementation: The port will be constructed by Vadhavan Port Project Limited (VPPL), …
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