Stressing that underemployment was a bigger problem than unemployment in the country, the Niti Aayog has suggested focusing on sectors such as apparel, electronics, food processing, gems and jewellery, financial services, tourism and real estate to expand formalisation of jobs in the economy.
It offered suggestions to expand activities in these sectors as part of its three-year action agenda, which has replaced India’s five-year planning process associated with its socialist past.
The suggestions highlight the futility of government efforts to club labour laws into four codes unless these are really reformed. “It is important to note that unifying the existing large number