India faces jobless growth

Employers in India have benefitted more than the employees as labour productivity has grown faster than wages and employment generation has been slow over the past few years. Along with this caste and gender disparities have remained high in the work places.

These are the findings of 'State of Working India' (SWI) report by Azim Premji University that was released in New Delhi last week.

According to the report India has struggled to convert high rates of economic growth into good jobs, particularly for its educated youth.

Though wages in most sectors have grown steadily at around 3 per cent per year, 82 per cent of male and 92 per cent of female workers earn less than Rs10,000 a month.

The report proposes that the Union Government develop a National Employment Policy in close collaboration with the states. — TNS

Key Findings

• Revival in organised manufacturing.
• Increased wages, but much lower than the basic norms.
• Caste and gender disparities galore.