IJSSER

Title: STRUCTURAL AND COMPOSITIONAL CHANGE IN INDIAN LABOUR MARKET: DURING PRE AND POST WTO PERIOD
Authors: B. R. REBAGAMANG
\|\| \|\|
B. R. REBAGAMANG Department of Agricultural Economics and Department of Agriculture Extension Education, College of Agriculture, Raichur University of Agricultural Sciences, Raichur, 584104, Karnataka, India
MLA 8 REBAGAMANG, B. R. "STRUCTURAL AND COMPOSITIONAL CHANGE IN INDIAN LABOUR MARKET: DURING PRE AND POST WTO PERIOD." Int. j. of Social Science and Economic Research, vol. 4, no. 11, Nov. 2019, pp. 6973-6986, ijsser.org/more2019.php?id=527. Accessed Nov. 2019. APA REBAGAMANG, B. (2019, November). STRUCTURAL AND COMPOSITIONAL CHANGE IN INDIAN LABOUR MARKET: DURING PRE AND POST WTO PERIOD. Int. j. of Social Science and Economic Research, 4(11), 6973-6986. Retrieved from ijsser.org/more2019.php?id=527 Chicago REBAGAMANG, B. R. "STRUCTURAL AND COMPOSITIONAL CHANGE IN INDIAN LABOUR MARKET: DURING PRE AND POST WTO PERIOD." Int. j. of Social Science and Economic Research 4, no. 11 (November 2019), 6973-6986. Accessed November, 2019. ijsser.org/more2019.php?id=527.
References [1]. Acharya, Sarathi, Arup and Mitra., 2000, The potential of rural industries and trade to provide dec1ent work conditions: A data reconnaissance in India. SAAT Working Papers (New Delhi, SAAT-ILO). [2]. Anju, R., 2015, Employment generation in secondary sector: A Challenge to Indian Economy. Apeejay Journal of Management Sciences and Technology. 3 (1). [3]. Charner, I., 1988, Employability credentials: A key to successful youth transition to work. Journal of Career Development, 15, 30-40. [4]. Dhas, A.C. and Helen, M.J., 2008, Impact of Globalization and Economic Reforms on Employment in India. MPRA Paper No. 9597. [5]. Mukherjee, A., 2013, The service sector in India. ADB Economic Working Paper Series. Asian Development Bank. 352. [6]. Papola, T.S., 2012, Structural Changes in the Indian Economy: Emerging Patterns and Implications. Institute for Studies in Industrial Development, Working Paper. [7]. Singh, S., 2014, Analysis of Trade before and After the WTO: A Case Study of India. Global Journal of Finance and Management. 6 (8), 801-808. [8]. Thomas, J.J., 2012, India's labour market during the 2000s: Surveying the changes. Economic and Political Weekly. 47 (51), 39-51 [9]. United Nations., 2012, World Urbanization Prospects: The 2011 Revision. ST/ESA/SER.A/322, Department ofEconomic and Social Affairs, PopulationDivision, New York. [10]. Usami. Y. and Rawal V., 2018, Changes in the Structure of Employment in India: A Study using Age-cohort Analysis of NSS Data for 2004-05 and 2011-12. Society for Social and Economic research. SSER Monograph 18/2. http://archive.indianstatistics.org/sserwp/sserwp1802.pdf
Abstract: This paper investigates the structural and compositional changes in the Indian labour market during the pre and post WTO periods. The Indian economy has been growing at unparalleled rates but, it has been characterized by a jobless growth and this paper tries to assess the intensity of output growth on employment through the examination of the employment elasticity. The paper reveals that during the post WTO period there has been a shrinkage in employment opportunities with the employment elasticity showing a 0.017 percent during the post WTO period compared to a 33.55 percent during the pre WTO period. The study also shows that there has been a structural shift from the primary sector to the tertiary sector but, creation of nonagricultural jobs has been a challenge to meet the growing population. While the composition of the Indian labour market has grown during post WTO period, the paper reveals that there has been less workers absorbed in the labour market which has led to an increase in unemployment rates. It is therefore essential to implement good policies to increase agricultural dependent opportunities thus promoting employment in agricultural sector.

IJSSER is Member of