Economic prosperity and employment opportunities in India – challenges and prospects
Keywords:
Economic Prosperity, Jobless Growth, Inclusive Growth, Trickle Down Theory, Demographic Dividend, Human Development, Flips CurveAbstract
India is a country of youth, 67.8 percent of the population aged 15-64 years resides in India. Therefore India has the status of demographic dividend. India's GDP The contribution of agriculture sector is the least at 18 percent. But 49 percent of India's population is still dependent on the agricultural sector. Whereas the dependence in industry and service sector is 14 and 27 percent respectively. This makes it clear that even today the industry and service sector is unable to absorb the Indian labor force. Increase in employment and GDP in India. An inverse relationship has been observed between the increase in. That means, a situation of jobless growth has been created in India.
References
- Mahendra Dev, Article "Employment and Economic Growth" Plan October 2013
- Development of Indian Economy, NCERT. 2005
- Tervind Kumar Sen Demographic Dividend or Population Curse Plan October 2013
- W.A. Lawis, “The Theory of Economic Growth" Oxford University Press London 1955
- C.S.O. 2012
- Economics Survey 2021-22
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