D-Sector for Development Community

   Friday, October 19, 2018
Agriculture - Duties and Rights - Education - Environment - Food - Global - Governance - Health - Indian Economy - Indian Society - Physical Development - Social Welfare - Water and Sanitation
Print | Back
India needs 55 million more jobs by 2015: CRISIL


edf40wrjww2articles:details

A recent study by the Crisil, a research firm, says that India requires about 55 million additional jobs by 2015 to maintain its current ratio of employed to total population at 39 per cent.

In a report 'Employment in India: Uneven and Weak', Crisil said the country has to nearly double the job creation rate, witnessed during 2005-10, to achieve this number. Net addition of jobs during 2005-10 was 27.7 million as compared to 27.2 million jobs created in 2000-05.

The study -- based on National Sample Survey Organisation (NSSO) data on employment -- also said that generating 55 million jobs would cause a great challenge without apt policy support. It also said that employment potential of fast growing manufacturing and services sector could not be fully exploited in deficit of enabling policy environment.

The report said that there was a decline in number of self employed people by 25.5 million in 2005-10 period as compared to an increase of 65.5 million in the preceding five years. Similarly, around 65 per cent of the total jobs were created in rural areas during this period. Referring to job creation patterns, it said that high economic growth alone would not be able to create jobs as it required appropriate policy measures in this regard.

The agency said that policy gridlock in labour reforms remained the primary cause of insufficient labour demand in manufacturing. In financial intermediation and business services, labour supply had not kept pace with growing demand due to shortage of highly educated skilled labour.

Write to d-sector  |  Editor's Note
 


 Other Articles by d-sector Team in
Socio-Economic Development  > Indian Economy > Employment
 
 Other Articles in Socio-Economic Development
 
 
Corruption Watch

The bad news is that corruption has not only sustained but has grown in size and stature in the country. With scams being a regular feature, seventy per cent respondents in a survey have rightfully opined that corruption has continued to increase in India. One in every two interviewed admit having paid a bribe for availing public services during last one year. Transparency International's latest survey reveals that the political parties top the chart for the most corrupt public institutions, followed by police force and legislatures. No wonder, India continues to make new records on the global corruption arena!

The shocking revelation is that the health and education sectors haven't remained untouched by this phenomenon. With 5th and 6th positions respectively for these sectors on the public perception chart on corruption, corruption has crept insidiously into these sectors of hope for the masses. With bureaucracy being fourth in the list of corrupt institutions in the country, corruption seems to have been non-formally institutionalized with little hope if public services would ever be effective in the country. With economic growth having literally institutionalized corruption, are we now expecting corrupt to be socially responsible - a different CSR.

Poor. Who?

Not giving 'aid' to India is one thing but calling it 'rich' is quite another. If one in three of the world's malnourished children live in India, what does average daily income of $3 indicate? It perhaps means that there is a relative decline in poverty - people are 'less poor' than what they used to be in the past. But having crossed the World Bank arbitrary threshold of $2 a day does not absolve the 'developed' countries of their obligation to part with 0.7 per cent of their Gross National Income in development aid. Should this three-decade old figure not be revised?  

An interesting debate in UK's House of Commons delved on future of development assistance by the British Government. While prioritizing limited resources has been a concern, there has been no denying the fact that development aid must be guided towards tangible gains over a short period of time to start with. There are difficult choices for elected governments to make - should they invest in long-term primary education or in short-term university scholarships? Which of these will bring gains and trigger long-term transformation in the society. As politicians continue to be divided on the matter, poverty persists!!   

Lead View
People, Partition and the Pain
By Rina Mukherji
15 Aug 2013

Dr Jayanti Basu's book analyzes the complex feelings of hatred and longing for the homeland that have contributed to shaping the personalities of a generation of people who were forced to ..
Book Shelf

Yamuna Manifesto

A Journey in the Future of Water

Spoiling Tibet

On Western Terrorism
Commentators
Devinder Sharma
Carmen Miranda
Pandurang Hegde
Sudhirendar Sharma
Member Login
- New Member
- Forgot Password

WoW Gold,Buy WoW Gold,Website Design,Web Design,Health Tips,Health Guides,NFL News,NFL Jerseys,Fashion Design,Home Design,Replica Handbags,Replica Bags,Jewelry Stores,Wedding Jewelry,WOW Gold,Cheap WoW Gold,Wedding Dresses,Evening Dresses,MMORPG Guides,MMORPG Tips,Fashion Jewelry,Fashion Crystal,Sexy Lingerie,Best Sexy Lingerie,Fashion Clothing,Fashion Shoes,Travel News,Travel Guides,Education News,Education Tips