The drivers of employment growth in the non-agricultural sector are services, construction, trade and manufacturing.
Decriminalization of labour laws, increasing female participation in the workforce, social security and labour welfare will boost inclusive growth in the country, a senior government official said on Thursday.
Secretary, Ministry of Labour and Employment, Sumita Dawra, made these remarks at an industrial interaction organised by the Confederation of Indian Industry (CII) and the Employers’ Federation of India (EFI) in Bengaluru.
At the session attended by 200 industry members, “Sumita Dawra… highlighted reforms to make life and business easier introduced by the Ministry of Labour and Employment, Government of India. She emphasised on decriminalisation of labour laws, increasing female participation in the workforce, social security and labour welfare that will drive inclusive growth in India,” according to a CII release.
Dawra also mentioned that in terms of employment, there is an improving trend as shown by the data from PLFS (Periodic Labour Force Survey) and KLEMS, and EPFO net subscribers have increased by over 6 crore since September 2017.
The drivers of employment growth in the non-agricultural sector are services, construction, trade and manufacturing. In this context, to improve job creation, quality of jobs and formalisation of the labour market, with access to social security schemes, ELI (Employment Linked Incentives) schemes have been announced in the 2024-25 budget, he said.
(Only the headline and image of this report may have been reworked by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First published: August 29, 2024 | 11:32 PM IS
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