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Insights into Inclusive Growth, Employment and Wellbeing in India (Paperback, 2013 ed.)
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Insights into Inclusive Growth, Employment and Wellbeing in India (Paperback, 2013 ed.)
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What changes are occurring at the macro and the sectoral levels,
how the labour market changes are taking place and what impact is
felt on the low income households are some of the questions that
the present volume focuses on. It begins by examining the sectoral
composition of growth, revisiting the issues related to
industry-services balance, and also brings out the spatial
dimension of growth. On the one hand the industry does not seem to
have played a major role in the context of employment generation as
imported technology is by and large capital intensive in nature. On
the other hand, the services-led growth is seen to have reduced the
pace of poverty reduction. Given the services-led growth the
possible impact of trade in services on employment both in the
formal and informal sectors have been worked out, indicating
limited positive spill-over effects. The labour market outcomes are
brought out with great details suggesting that rapid economic
growth in India could not result in productive employment
generation on a large scale. The gender dimensions of employment
are brought out to verify if reduction in labour market inequality
can result in improving the position of women in other spheres
encompassing the decision making process both within the household
and outside the household. Issues relating to urbanisation and
rural-urban migration are also covered to understand the dynamics
of urban poverty and to bring out the challenges of population
transfer given the spatial concentration of growth. The job search
practices pursued by the low income households are often pursued in
terms of informal networks. What problems are associated with such
mechanisms in experiencing improvements in wellbeing levels are
covered in the present volume. On the whole, the volume offers an
explanation of limited poverty reduction in a situation of rapid
economic growth on the basis of an inter-disciplinary framework
though efforts are being made to keep the methodology
quantitatively rigorous.
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