Employment Stagnancy in India: Policy Plus Monetary reform

Published By: Iris Knowledge Foundation (IKF) | Published Date: July, 10 , 2014

The Indian economy is witnessing a dichotomous trend- an increasing share of employment in industry with decline in Value Added to output. When compared to other Asian economies, we’re adding workers at the same pace as other developing economies in the region. However, the productivity of jobs has not been high. This coupled with high degree of informalization of jobs has resulted in major chunk of the labour force to remain outside the purview of the labour laws.

Author(s): Aritra Chakrabarty | Posted on: Jul 10, 2014 | Views(708) | Download (137)


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