 bill  no  ix of 2008 the eradication of unemployment bill, 2008 a billto provide for a scheme for eradication of unemployment from the countrybe it enacted by parliament in the fifty-ninth year of the republic of india as follows:—1  (1) this act may be called the eradication of unemployment act,  2008short title, extent and commencement(2) it shall come into force at once (3) it extends to the whole of indiadefinitions2 in this act unless the context otherwise requires, "prescribed" means prescribed by rules made under this actemployment to citizens3 the central government shall endeavour to provide every citizen who has attained the age of eighteen years and who is registered with the employment exchange with employment suited to his age, qualification and potential4 till such time an employment is provided to a citizen under section 3, he or she shall be entitled to such unemployment allowance, as may be prescribedgrant of unemployment allowance5 the central government shall frame an unemployment insurance scheme so as to provide for a special fund for the grant of unemployment allowance under this actunemployment insurance scheme6 a citizen who has registered himself with the employment exchange shall be eligible to receive benefit of unemployment allowance under this act subject to his furnishing an agreement to contribute to unemployment insurance scheme for a prescribed period immediately after securing employment at a rate as may be prescribedcontribution t o unemployment insurance scheme power to make rules7 (1) the central government may, by notification in the official gazette, make rules for carrying out the provisions of this act(2) in particular and without prejudice to the generality of the foregoing powers, such rules may provide for the following matters, namely:—(a) the rate of unemployment allowance referred to in section 4 and different rates may be prescribed on the basis of qualification and skills;(b) the necessary details of the unemployment insurance scheme; (c)  the rate of contribution to the unemployment insurance scheme under section 6; (d) the procedure to regulate all payments under this act; and (e) any other matter which is required to be, or may be, prescribed statement of objects and reasonsthe problem of unemployment has assumed alarming proportion in our countryconsequently, even the educated citizens are rendered indigent and the young generation is under the grip of frustration their energy is not being utilized for nation building in desperation and due to abject poverty, they choose the path of violence and crime lack of opportunity of employment in the country is also leading to brain drain and exodus of a large number of skilled and unskilled persons abroad it is time that concerted efforts are made by the state to assure employment to the citizens of the country and to provide unemployment relief to those who have not been able to secure employment it is also necessary to promote an unemployment insruance scheme for the purpose, so that the funds could be arranged for making available relief to unemployed people through this schemehence the billjai parkash  aggarwal financial memorandumclause 4 of the bill provides for the grant of unemployment allowance to those citizens who have attained the age of eighteen years clause 5 provides for the establishment of unemployment insurance scheme, so that special fund could be arranged for the unemployed people it is estimated that due to this provision approximately a sum of rupees one hundred fifty crore may involve as recurring expenditure per annum from the consolidated fund of india it is expected that this recurring expenditure will begin to reduce substantially with the generation of more and more employment opportunitiesno non-recurring expenditure is expected to involve thereon memorandum regarding delegated legislationclause 7 empowers the central government to make rules for implementing the provisions of the bill the rules will relate to the matters of details onlytherefore, the delegation of legislative power is of a normal character————abillto provide for a scheme for eradication of unemployment from the country————(shri jai parkash aggarwal, mp)gmgipmrnd—4745rs(s-5)—29-12-2008