Jobs created in last 20 years less than proportionate to growth rate
15 March 2013 6:15 AM IST
The rate of employment in the last two decades has been lower than economic growth rate and the quality of employment, government said on Thursday.
'The Working Group Report on Employment prepared for the 12th Five-Year Plan mentions that the rate of employment in the last two decades is lower than the rate of growth of the economy and that the quality of employment and the level of productivity are areas of concern,' Minister of State for Parliamentary Affairs and Planning Rajeev Shukla said in a written reply to the Rajya Sabha.
He said the 12th Five-Year Plan recognises that in order to promote employment it is not sufficient to have high rate of growth but that growth should be more inclusive and employment opportunities should be more productive.
'With the above objective in mind, the Plan seeks a substantial step-up in manufacturing sector growth to 12-14 per cent over the medium term to generate 100 million additional jobs by 2025,' Shukla said.
The minister said emphasis is to be given to labour intensive sectors such textile and garments, leather and footwear, gems and jewellery, food processing, as well as micro, small and medium enterprises.
Skill development is another thrust area in the Plan strategy and market demand is sought to be met by optimising respective strengths of the public and private entities engaged in skill development besides focusing on quality, quantity, equity and systemic reforms in skilling.
'The future strategy on employment generation also envisages simplification and rationalisation of labour laws to encourage growth in those sectors that provide productive and better paying jobs for workers,' he added.
INDIA RECEIVED $70 BILLION IN REMITTANCES IN 2012: GOVT
India received $70 billion in remittances in the year 2012, Government told Rajya Sabha on Thursday.
Overseas Indian Affairs Minister Vayalar Ravi gave the figure quoting a World Bank report. He was replying to a question on the issue.
India had received over $66.13 billion in remittances in the year 2011-12 while in 2010-11, the amount was $55.62 billion.
The remittances to the country through private transfer of funds have been on the rise in the last few years.
India received $53.63 billion in 2009-10 while in 2008-09, the amount was $46.9 billion.
'The Working Group Report on Employment prepared for the 12th Five-Year Plan mentions that the rate of employment in the last two decades is lower than the rate of growth of the economy and that the quality of employment and the level of productivity are areas of concern,' Minister of State for Parliamentary Affairs and Planning Rajeev Shukla said in a written reply to the Rajya Sabha.
He said the 12th Five-Year Plan recognises that in order to promote employment it is not sufficient to have high rate of growth but that growth should be more inclusive and employment opportunities should be more productive.
'With the above objective in mind, the Plan seeks a substantial step-up in manufacturing sector growth to 12-14 per cent over the medium term to generate 100 million additional jobs by 2025,' Shukla said.
The minister said emphasis is to be given to labour intensive sectors such textile and garments, leather and footwear, gems and jewellery, food processing, as well as micro, small and medium enterprises.
Skill development is another thrust area in the Plan strategy and market demand is sought to be met by optimising respective strengths of the public and private entities engaged in skill development besides focusing on quality, quantity, equity and systemic reforms in skilling.
'The future strategy on employment generation also envisages simplification and rationalisation of labour laws to encourage growth in those sectors that provide productive and better paying jobs for workers,' he added.
INDIA RECEIVED $70 BILLION IN REMITTANCES IN 2012: GOVT
India received $70 billion in remittances in the year 2012, Government told Rajya Sabha on Thursday.
Overseas Indian Affairs Minister Vayalar Ravi gave the figure quoting a World Bank report. He was replying to a question on the issue.
India had received over $66.13 billion in remittances in the year 2011-12 while in 2010-11, the amount was $55.62 billion.
The remittances to the country through private transfer of funds have been on the rise in the last few years.
India received $53.63 billion in 2009-10 while in 2008-09, the amount was $46.9 billion.
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