Source: FL Subject: Economy Context: The recent nationwide strikes by gig workers, contractual teachers, and ASHA/Anganwadi workers have highlighted the surplus labour trap, where millions remain in low-productivity, precarious jobs. About India’s Surplus Labour Trap: What is India’s Surplus Labour Trap? The surplus labour trap refers to a structural economic condition where a vast portion …
Context: The Ministry of Statistics and Programme Implementation released the results of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) for 2023-24, highlighting substantial growth in establishments, employment, and productivity in the unincorporated non-agricultural sector. Key data from ASUSE 2023-24: Relevance in UPSC Exam Syllabus: GS Paper 3: Indian Economy Employment Generation: Highlights the unincorporated …
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