Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.

Modernisation as a planning objective means introducing new technologies. The use of advanced technology requires less labour for one unit of output so in some way modernization create unemployment at the beginning, but in long run modernization will not contradict with employment generation because with help of modern technology the GDP will increase, which will increase the income and demand and this will require more output and hence it will generate job opportunities.


10