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Monday, December 23, 2024 | 10:12 AM ISTEN Hindi

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A push for labour-intensive manufacturing

Given the widespread loss of jobs and incomes, there is an immediate need to accelerate the pace of job creation

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Radhicka Kapoor
The outbreak of Covid-19 and the containment policies adopted to address it have presented an unparalleled shock to labour markets, and levels of unemployment have surged in India as a result. Estimates from the Centre for Monitoring Indian Economy (CMIE) suggest that 122 million jobs were lost in April 2020. The large scale loss of jobs is unsurprising given that much of India’s workforce is engaged in work arrangements that do not offer security of tenure and continuity of income. Also, many of them are in jobs that do not give them the luxury of working from home. Even amongst
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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