Tag: Contract labour

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Adopt Formalisation to Power Productivity Growth in India’s Manufacturing Sector

Syllabus: Economy Source:  TH Context: A recent study based on ASI data (1999–2019) shows that contractualization in India’s formal manufacturing sector has risen from 20% to 40.7%, primarily driven by cost-avoidance rather than flexibility or skills, thereby harming long-term productivity growth. About Adopt Formalisation to Power Productivity Growth in India’s Manufacturing Sector: Core Issue: India’s …

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Contractualisation of industrial labour has risen sharply in recent years. Analyse the drivers of this trend. Discuss its implications. Evaluate the role of the public sector in institutionalising this shift.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Inclusive growth and issues arising from it. Q5. Contractualisation of industrial labour has risen sharply in recent years. Analyse the drivers of this trend. Discuss its implications. Evaluate the role of the public sector in institutionalising this shift. (15 M) …

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