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प्रश्न
“In the late 1990's India experienced a widening gap between the growth of GDP and employment generation”. Discuss.
थोडक्यात उत्तर
उत्तर
Yes, Inclia noted a widening disparity between GDP growth and employment generation in the late 1990s.
Reasons:
- India suffered jobless growth, that is, economic expansion without significant job creation.
- India implemented economic reforms, one of which was globalization.
- MNCs were mostly responsible for growth. Instead of employing people, these businesses made use of cutting-edge technology. It resulted in the economy experiencing jobless growth.
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Growth and Changing Structure of Employment
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Non-farm enterprises include:
The service sector includes activities such as:
What was the average rate of growth of employment during 1950-2010?
Compare and analyse the sector-wise trends in employment, based on following information:
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Sector | 1999-2000 | 2011-12 |
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Total | 100 | 100 |
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