Article Information

Authors PRAKASHA
Article Type Research Article
Language English
Journal North Asian International Research Journal of Social Science & Humanities
ISSN 2454-9827
Volume 5
Issue 3
Pages 125-133
Publication Year 2019
Publication Date January 01, 2019
DOI URL https://doiglobal.org/10.2019/NAIRJCSSH.015

Abstract

Unemployment remains one of the most important socio-economic challenges confronting India. Although the economy has experienced sustained structural change and periods of rapid growth, the central policy question is whether expansion in output is producing adequate, productive and secure employment. This paper examines the relationship between economic growth and unemployment in India with emphasis on labour-force participation, worker-population ratios, sectoral transformation, youth and educated unemployment, female participation, informality and employment-intensive development. The study uses a descriptive and analytical methodology based on secondary data from official Indian sources and established economic literature. The Periodic Labour Force Survey (PLFS) 2023-24 reported an all-India labour force participation rate of 60.1 per cent, worker population ratio of 58.2 per cent and unemployment rate of 3.2 per cent for persons aged 15 years and above under usual status. These indicators show improvement over 2017-18, but the quality, productivity and distribution of employment remain crucial concerns. The paper argues that India needs not merely high GDP growth but growth capable of absorbing labour through manufacturing, MSMEs, modern services, infrastructure, rural non-farm activities and human-capital development.

Keywords

Unemployment Economic Growth India Employment Labour Market PLFS GDP

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DOI: 10.2019/NAIRJCSSH.015

References

1. Government of India, Ministry of Statistics and Programme Implementation (MoSPI). Periodic Labour Force Survey (PLFS), Annual Report 2023-24.
2. Government of India, Ministry of Statistics and Programme Implementation (MoSPI). Key Employment Unemployment Indicators for 2024.
3. Government of India, Ministry of Finance. Economic Survey 2024-25.
4. Government of India, Ministry of Labour and Employment. Employment and labour-market reports, various issues.
5. Government of India, Ministry of Micro, Small and Medium Enterprises. Annual Reports, various issues

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PRAKASHA (2019). UNEMPLOYMENT AND ECONOMIC GROWTH IN INDIA An Empirical and Policy-Oriented Analysis. North Asian International Research Journal of Social Science & Humanities. DOI: https://doiglobal.org/10.2019/NAIRJCSSH.015

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