The Behaviour of Capital-Labour Ratios in the Indian Economy, 1950–71

Uma Datta Roy Choudhury
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Uma Datta Roy Choudhury: Central Statistical Office

Chapter 8 in Employment Policy in a Developing Country A Case-study of India Volume 1, 1983, pp 163-187 from Palgrave Macmillan

Abstract: Abstract Irrespective of the conceptual and methodological problems of measurement of employment, unemployment and underemployment in underdeveloped countries like India, there is no denying that with the increase in population, there is a continuous addition to the labour force of the country. As a result, incomes and levels of living in the country cannot be substantially improved or a likely fall cannot be avoided unless a much larger proportion of the working force is effectively utilised outside agriculture, and especially in modern industry.

Keywords: Capital Stock; Standard Industrial Classification; Traditional Sector; Railway Transport; Labour Ratio (search for similar items in EconPapers)
Date: 1983
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DOI: 10.1007/978-1-349-06267-6_9

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