Employment Generation Strategies

Employment Generation Strategies

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Thepolicy plan to generate employment in India must attempt to meet two goals:

1. Increase job opportunities to soak up the net increase in the labour force.

2. Strengthen the quality of current employment in a variety of areas such that real earnings rise as productivity improves.

The Task Force on Job Creation of the Planning Commission has suggested the following policy plan for job creation.

1. Rapid Economic Growth - The greater the rate of expansion in the economy, the greater the resulting employment. Generating a growth rate in the range of 8 and maintaining it over a 10-year period will necessitate an effective macroeconomic policy framework.

2 Policies specific to sectorsh - It is vital to zero in on policies in certain areas that are critical for job creation and job quality. As a result, particular policy intervention is required in sectors such as agriculture and associated operations, the processing of food, small-scale industries (SSIs), and services.

3. Special Employment Initiatives - Special programmes should be developed to meet the specialised requirements of landless workers, marginal farmers, village craftsmen, tribal people living in distant sections of the nation, and individuals living in hilly areas.

4. Development of Skills and Educational System Reforms - Focused training will assist to increase labour force skills. As the economy expands and broadens, we will want workers with a wide range of talents.

5. Improving the employment scenario in impoverished states - A regionally equitable employment plan necessitates substantially greater growth rates in the impoverished states' state domestic product.

6. Employment Laws Reforms - Our employment rules are usually viewed as overly strict. As a result, they have the effect of inhibiting the expansion of job opportunities within the organised sector as a whole. Such labor-law improvements can result in increased employment and higher incomes per employee.

Thus, it is evident that accelerating development is critical to increasing job possibilities. In order to create more jobs, we must take actions on both the supply and demand sides.

1. Rapid Economic Growth - The greater the rate of expansion in the economy, the greater the resulting employment. Generating a growth rate in the range of 8 and maintaining it over a 10-year period will necessitate an effective macroeconomic policy framework.