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Threats to Inclusive Growth in India: Unemployment and Informal Sector

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  • Gupta, Avnesh Kumar

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).

Suggested Citation

  • Gupta, Avnesh Kumar, 2016. "Threats to Inclusive Growth in India: Unemployment and Informal Sector," MPRA Paper 80040, University Library of Munich, Germany, revised 15 Jan 2016.
    • Handle: RePEc:pra:mprapa:80040
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    File URL: https://mpra.ub.uni-muenchen.de/80040/1/MPRA_paper_80040.pdf
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    References listed on IDEAS

    as
    1. Peter Lindert, 2004. "Social Spending and Economic Growth," Challenge, Taylor & Francis Journals, vol. 47(4), pages 6-16.
    2. Planning Commission, India, 2011. "Faster, Sustainable and More Inclusive Growth: An Approach to the 12th Five Year Plan," Working Papers id:4452, eSocialSciences.
    3. Barry Eichengreen & Poonam Gupta, 2010. "The Service Sector as India’s Road to Economic Growth?," Development Economics Working Papers 23030, East Asian Bureau of Economic Research.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    jobless growth; organized-unorganized sectors; formal-informal employment; informalization; employment elasticity; decent employment;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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