Library Dissertation Showcase

Solutions to jobless growth: A case study of workers in India

  • Year of Publication:
  • 2020

This dissertation tests the existence of jobless growth in India for the time period between 1992 and 2018 by using the employment elasticity of growth method. The results reveal that India’s employment growth has been relatively unresponsive to India’s output growth. It then attempts to explain the causes that led to a low rate of job creation. Given the low value of India’s employment elasticity, this paper acknowledges that achieving higher rate of GDP growth is one of the solutions to jobless growth. It analyses various policies the government of India can adopt to overcome the challenge of employment generation. It specifically focuses on horizontal policies that would lead to greater stability of the financial sector, improvement of power and transport infrastructure, more supportive regulations, increase in exports and development of skills. These reforms recommended will help India move towards double digit growth rates.

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