Normal view MARC view ISBD view

New technologies, employment, and inequality in the Indian economy

By: Ghose, Ajit K. and Mehta, Balwant Singh.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 59(50), Dec 14, 2024: p.65-74. In: Economic & Political WeeklySummary: During the two decades since the 2000s, technological change in India has increased the demand of high-skilled labour, while reducing employment opportunities for low-skilled labour across both manufacturing and services sectors. This period also witnessed significant capital deepening in the economy. Structural shifts in the composition of value added further led to skill upgrading, leading to a relative increase in employment of middle-skilled labour. However, this process of skill-upgradation has coincided with slow growth of aggregate employment. Technological change has modestly contributed to income inequality by increasing employment inequality, while the structural shift towards services-led growth has emerged as the primary contributor of rising income inequality in India.- Reproduced https://www.epw.in/journal/review-labour-and-employment/new-technologies-employment-and-inequality-indian.html
Tags from this library: No tags from this library for this title. Log in to add tags.
    average rating: 0.0 (0 votes)
Item type Current location Call number Vol info Status Date due Barcode
Articles Articles Indian Institute of Public Administration
59(50), Dec 14, 2024: p.65-74 Available AR135072

During the two decades since the 2000s, technological change in India has increased the demand of high-skilled labour, while reducing employment opportunities for low-skilled labour across both manufacturing and services sectors. This period also witnessed significant capital deepening in the economy. Structural shifts in the composition of value added further led to skill upgrading, leading to a relative increase in employment of middle-skilled labour. However, this process of skill-upgradation has coincided with slow growth of aggregate employment. Technological change has modestly contributed to income inequality by increasing employment inequality, while the structural shift towards services-led growth has emerged as the primary contributor of rising income inequality in India.- Reproduced

https://www.epw.in/journal/review-labour-and-employment/new-technologies-employment-and-inequality-indian.html

There are no comments for this item.

Log in to your account to post a comment.

Powered by Koha