Threats to Inclusive Growth in India: Unemployment and Informal Sector

Avnesh Gupta ()

MPRA Paper from University Library of Munich, Germany

Abstract: The creation of decent jobs outside of agriculture is one of the largest challenges that confront the policy makers trying to achieve ‘faster, sustainable and more inclusive growth’. The Indian economy has been growing at unprecedented rates, but it has been characterized by jobless growth and informatization of job opportunities in the organized sector. The paper attempts to evaluate the employment intensity of output growth through an examination of employment elasticity, and the potential for employment generation and decent work during the 12th Five Year Plan (2012-17).

Keywords: jobless growth; organized-unorganized sectors; formal-informal employment; informalization; employment elasticity; decent employment (search for similar items in EconPapers)
JEL-codes: E6 E61 O2 (search for similar items in EconPapers)
Date: 2016-01-15, Revised 2016-01-15
New Economics Papers: this item is included in nep-iue and nep-mac
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