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Over the last two decades, a fascinating growth story has unfolded in India. Yet, the improvement in material conditions for the country’s vast majority has not kept pace with that growth. This is mainly because India is still grappling with poor employment conditions and widespread unemployment. However, there is not much clarity on the exact nature of this problem and the steps required to tackle it. This short introduction addresses this lack of information. Reviewing the evolution of employment conditions in India since Independence, this volume underscores the linkages between it and economic growth and development. It not only clearly outlines the contours of the employment challenge that India is now confronted with but also discusses viable ways of overcoming this hurdle.
This book critically examines the emerging trends in employment and unemployment in the Indian Economy during the post-reform era. Using the latest round of NSS data, the author studies the impact of these structural economic reforms on:- Employment generation, with reference to different and competing sectors--rural / urban; agricultural / non-agricultural; organised / unorganised.- Unemployment and underemployment, in terms of the apprehension that economic reforms lead to loss of employment.-Casualisation of employment-- that is, a belief that reforms lead to increase in the proportion of casual labour.- Information of employment-Feminisation of employment.Unique in the fact that there is no comparable work on the topic, this book provides an excellent organisation of the material and a lucid presentation of the discussion and will be of enormous interest to economists, social scientists, policy makers, scholars and students.
In comparison to other social groups, India’s rural poor – and particularly Adivasis and Dalits - have seen little benefit from the country’s economic growth over the last three decades. Though economists and statisticians are able to model the form and extent of this inequality, their work is rarely concerned with identifying possible causes. Employment, Poverty and Rights in India analyses unemployment in India and explains why the issues of employment and unemployment should be the appropriate prism to understand the status of wellbeing in India. The author provides a historical analysis of policy interventions on behalf of the colonial and postcolonial state with regard to the alleviation of unemployment and poverty in India and in West Bengal in particular. Arguing that, as long as poverty - either as a concept or as an empirical condition - remains as a technical issue to be managed by governmental technologies, the ‘poor’ will be held responsible for their own fate and the extent of poverty will continue to increase. The book contends that rural unemployment in India is not just an economic issue but a political process that has consistently been shaped by various socio-economic, political and cultural factors since the colonial period. The analysis which depends mainly on ethnography extends to the implementation of the ‘New Rights Agenda’, such as the MGNREGA, at the rural margin. Challenging the dominant approach to poverty, this book will be of interest to scholars working in the fields of South Asian studies, Indian Political Economy, contemporary political theories, poverty studies, neo-liberalism, sociology and social anthropology as well as development studies.
This book provides a focus on some of the main markers and challenges that are at the core of the study of structural transformations in contemporary capitalism and their implications for labour in the Global South. It examines the diverse perspectives and regional and social variations that characterise labour relations as a result of the uneven development which is an important facet of the intensification of capitalist accumulation.. The book provides important insights into the impact of the crises of capitalism on the wellbeing of labour at different historical junctures. Some of the issues covered by it include the conditions of work, and the changing composition of laboring classes and/or working people. The chapters also throw light on the multiple trajectories in the development of labour relations and employment in the Global South, especially after the ascendancy and domination of neoliberal finance capitalism. Some of the major aspects considered by the essays include the decentering of production and development of global value systems, crisis of social reproduction, and the rising informalisation of work.
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
India Higher Education Report 2020 critically analyzes the role played by the state, industries, and higher education institutions in the employment and employability of educated youth in India. The book discusses a wide range of topics such as employability skill gaps of higher education graduates; curriculum and skills training systems; formal and informal modes of skill formation; crisis of jobless growth in India; migration, education and employment; dimensions of gender, caste and education; general, technical and professional education; vocationalization; qualifications framework and skills certifications; curriculum and pedagogy in higher education for skill development; industry–academia linkages; entrepreneurship education and executive education; and sustainable employment. The book focuses on theoretical insights, empirical evidences and recent data on key issues and challenges of higher education graduate employment in a knowledge economy driven by the unprecedented expansion of higher education and increasing digitization. It offers successful cases of institutional responses, examples of policy and practices as also perspectives of different stakeholders such as employers, employees, teachers and students to present trends in the changing landscape of higher education and future demands of the job market for the youth workforce across sectors, subject disciplines and gender. This volume will be an important resource for scholars, teachers and researchers of higher education, public policy, political economy, political science, labour studies, economics, education, sociology in general as well as for policymakers, professional organizations and associations, civil society organizations, and government bodies.
This report assesses developments in the Indian labour market - both formal and informal - and identifies key challenges for the future. It also provides prescriptive outcomes for improving labour market outcomes.
"India's surge in high, well-sustained economic growth captured the world's attention for much of the period from the 1990s to the early 2010s. Often paired with China as being at the leading edge of emerging economies, the last few years have witnessed shortfalls in India's performance, which have also occurred in the cases of other "BRICS," namely, Brazil, Russia, and South Africa. India is now facing a possible fiscal crisis, higher inflation, greater concentration of economic wealth, and a slowdown in productivity. While its business sector remains vigorous, the Indian state has not yet found a viable way to fund food subsidies or come to grips with the costs of its employment guarantee program. Corruption also hinders growth at many turns. All these factors bring into question how feasible or wise it is for India to pursue a path toward global political power rather than concentrate on improved economic engagement worldwide. Dr. Joshi believes India's economic problems are serious and systemic, not a temporary blip. His analysis sets forth that the only way the country can truly prosper is to find the means to return to the earlier levels of growth through massive economic reform. This policy reorientation calls for eliminating price controls as well as both explicit and hidden subsidies to industries, introduction of direct cash transfers to the poor in place of the state's own costly production of goods and services, and an aggressive move toward privatization rather than over-reliance on family firms and widely-held corporations. Without these, the requisites of economic stability cannot be fully established, let alone propel significant growth"--
This book examines the structural changes in the labour market in North-East India. Going beyond the conventional study of tea and agricultural sectors, it focuses on the nature, pattern and structure of work and employment in the region as well as documents emerging shifts in the labour force towards farm to non-farm dynamics. The chapters explore historical developments in employment patterns, labour market policies, issues of gender and social-religious dimensions, as well as point to growing forms of casual, informal and contractual labour across sectors. Through large-scale data and detailed case studies on unfree labour in plantations and those employed in crafts, handloom and the manufacturing industry, the book provides insights into labour and employment in the region. It also delves into the temporal and spatial dimensions of non-farm employment and its relationship with rural income distribution and labour mobility. By bringing interdisciplinary perspectives from scholars working on North-East India, this work fills a major gap in the political economy of the labour market in the region. The volume will be useful to scholars and researchers of development studies, North-East India studies, labour studies, economics, sociology and political science as well to those involved with governance and policymaking.
India has recorded high levels of unemployment and low labor force participation rates in recent years even before the onset of the COVID-19 pandemic and the lockdown. How does an episode of unemployment or loss of income affect household consumption expenditure is an important question for designing effective safety nets. We use data on household-specific episodes of job loss and decline in income, from an earlier year (March-April 2019) to estimate the household response to employment shocks. We apply diff-in-diff and quantile regressions to a high-frequency panel data from a nationally representative survey of 1,75,000 households to estimate the impact of a job loss (and change in income) on household consumption expenditure—for urban and rural households, and households across different expenditure levels. We find that loss of employment of an earning member leads to a significant immediate decline in household consumption expenditure. The decline is much larger for urban households and households in the lowest and the highest deciles of monthly per capita. Durable expenses go down the most. Expenditure on health and education also goes down significantly and there is evidence of adjustments in discretionary expenses too, especially for urban households. For households with only one earning member, borrowing does not increase after the job loss, suggesting credit constraints. Government cash transfers help rural households, as the beneficiaries show a smaller reduction in consumption expenditure after the shock. Our findings highlight the high vulnerability of urban households to economic shocks and can inform the design and targeting of income support and other safety-net programs in India and other developing countries.