Business Standard

How India's microenterprises can help solve the country's employment crisis

There is also a problem with women's participation in India's microenterprises: Social and market factors are loaded against them affecting their productivity

Core sector output worst in 52 months; MPC may cut rates to prop up growth
Premium

Shreehari Paliath | IndiaSpend
As India struggles with an unemployment crisis, its microenterprises--units with fewer than 20 workers--can become significant engines for job creation, concluded an October 2019 report.

  • India has failed to increase the scale of the microenterprise sector substantially;
  • A majority of India’s microenterprises are tiny and run with fewer than three workers;
  • The sector shows good growth in labour productivity but with very low wage levels.

These are some of the significant conclusions of the study by Azim Premji University’s Centre for Sustainable Employment and the Global Alliance for Mass Entrepreneurship, which looked at all non-farm microenterprises, except the construction sector (National Sample Survey covered

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in