{"id":144666,"date":"2024-11-27T19:53:10","date_gmt":"2024-11-27T14:23:10","guid":{"rendered":"https:\/\/pwonlyias.com\/stage\/?post_type=current-affairs&#038;p=144666"},"modified":"2025-02-13T15:58:52","modified_gmt":"2025-02-13T10:28:52","slug":"employment-scenario-in-india","status":"publish","type":"current-affairs","link":"https:\/\/pwonlyias.com\/stage\/current-affairs\/employment-scenario-in-india","title":{"rendered":"Employment Scenario in India"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Employment scenario in the country is <\/span><b>showing a positive sign as gauged by various labour force indicators<\/b><span style=\"font-weight: 400;\"> nationally as well internationally.<\/span><\/p>\n<h2><span style=\"font-size: 18pt;\"><b>Employment Indicators<\/b><\/span><\/h2>\n<ul>\n<li><b>Periodic Labour Force Survey (PLFS):<\/b><span style=\"font-weight: 400;\"> It is the<\/span><b> official data source<\/b><span style=\"font-weight: 400;\"> of Employment\/ Unemployment being <\/span><b>conducted by the Ministry of Statistics and Programme Implementation (MoSPI) <\/b><span style=\"font-weight: 400;\">since 2017-18.\u00a0<\/span>\n<ul>\n<li><span style=\"font-weight: 400;\">The survey period is from J<\/span><b>uly to June of the next year.<\/b><\/li>\n<li><b>FY 2034-24:<\/b><span style=\"font-weight: 400;\"> The estimated Unemployment Rate (UR) on usual status for youth of age 15-29 years<\/span><b> is 10.2%<\/b><\/li>\n<\/ul>\n<\/li>\n<li><b>The Worker Population Ratio (WPR):<\/b><span style=\"font-weight: 400;\"> It is <\/span><b>defined as the percentage of the population that is employed <\/b><span style=\"font-weight: 400;\">and is<\/span><b> calculated by dividing the number of employed people<\/b><span style=\"font-weight: 400;\"> by the working-age population, and then multiplying by 100.\u00a0\u00a0<\/span>\n<ul>\n<li><span style=\"font-weight: 400;\">It has<\/span><b> increased for youth<\/b><span style=\"font-weight: 400;\"> indicating employment has increased from<\/span><b> 31.4% in 2017-18 to 41.7% in 2023-24.<\/b><\/li>\n<\/ul>\n<\/li>\n<li><b>Employees\u2019 Provident Fund Organization (EPFO) Payroll Data: <\/b><span style=\"font-weight: 400;\">It gives e<\/span><b>mployment data for the formal sector.<\/b>\n<ul>\n<li><b>FY 2034-24:<\/b><span style=\"font-weight: 400;\"> More than <\/span><b>1.3 crore net subscribers joined EPFO during 2023-24.<\/b><\/li>\n<li><b>2017 to2024: <\/b><span style=\"font-weight: 400;\">Overall in the last 8 years,<\/span><b> more than 7.03 crore net subscribers<\/b><span style=\"font-weight: 400;\"> have joined EPFO, indicating increase in formalisation of employment.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li><b>Labour Force Participation Rate (LFPR):<\/b><span style=\"font-weight: 400;\"> It is the percentage of a<\/span><b> population that is either working or actively looking for work.<\/b>\n<ul>\n<li><b>Calculation: <\/b><span style=\"font-weight: 400;\">The rate is calculated by <\/span><b>dividing the labor force by the civilian noninstitutional population<\/b><span style=\"font-weight: 400;\"> and multiplying by 100<\/span>\n<ul>\n<li><b>Labour Force is the sum of the number of people who are employed and the number of people who are unemployed.<\/b><\/li>\n<\/ul>\n<\/li>\n<li><b>FY 2023-2024:\u00a0<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><b>Rural Areas:<\/b><span style=\"font-weight: 400;\"> It\u00a0 increased from<\/span><b> 50.7% in 2017-18 to 63.7%\u00a0<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><b>Urban Areas:<\/b><span style=\"font-weight: 400;\"> It increased from 47.6% to<\/span><b> 52.0%<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><b>Female labor force participation: <\/b><span style=\"font-weight: 400;\">It reached a seven-year high of 41.7%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"3\"><b>Male Labour Participation:<\/b><span style=\"font-weight: 400;\"> It reached a seven-year high of 78.8%.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Below Global Average:<\/b><span style=\"font-weight: 400;\"> As per the <\/span><b>ILO\u2019s Global Report Trends for Youth, 2022<\/b><span style=\"font-weight: 400;\">, the worldwide <\/span><b>youth unemployment rate was 15.6 per cent in 2021.<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The <\/span><b>World Employment and Social Outlook Trends, 2024 by ILO: <\/b><span style=\"font-weight: 400;\">Globally in 2023, the youth unemployment rate was <\/span><b>13.3 per cent.<\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span class=\"vc_button\"><a href=\"https:\/\/www.pw.live\/batches\/upsc?utm_source=seo+upsc+batch&#038;utm_medium=seo+upsc&#038;utm_campaign=seo&#038;utm_id=upsc\" target=\"_blank\" rel=\"noopener\">Enroll now for UPSC Online Course<\/a><\/span><\/p>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.4967%;\">\n<tbody>\n<tr>\n<th style=\"width: 100%; border-style: solid; border-color: #000000; background-color: rgba(184, 165, 217, 0.53); text-align: left; vertical-align: middle;\">\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>Employment and Social Equity<\/b><\/span><\/h3>\n<ul>\n<li><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">Social equity is <\/span><b>referred to as the fair and just management of institutions <\/b><span style=\"font-weight: 400;\">that serve the publi<\/span><b>c, and the equitable distribution of public services <\/b><span style=\"font-weight: 400;\">and policy and is <\/span><b>concerned with access, resources, and opportunities<\/b><span style=\"font-weight: 400;\">, rather than outcomes.\u00a0<\/span><\/span>\n<ul>\n<li><span style=\"color: #000000;\"><b>Equity vs Equality: <\/b><span style=\"font-weight: 400;\">Equity is different from equality as<\/span><b> it recognises that not all person start from the same place<\/b><span style=\"font-weight: 400;\"> and there is a <\/span><b>need for affirmative actions<\/b><span style=\"font-weight: 400;\"> for providing equal opportunities to the disadvantaged sections.<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"color: #000000;\"><b>Link Between Employment and Social Equity:<\/b><\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Employment Equity: <\/b><span style=\"font-weight: 400;\">Equity in employment opportunities <\/span><b>should be a priority for policy makers <\/b><span style=\"font-weight: 400;\">to include the <\/span><b>excluded and marginalised f<\/b><span style=\"font-weight: 400;\">ostering respect, fairness, and inclusion in communities<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Education: <\/b><span style=\"font-weight: 400;\">An individual&#8217;s background, such as race, gender, family income, or geographic location, can shape their educational prospects which can affect their employment opportunities.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Social Unrest: <\/b><span style=\"font-weight: 400;\">Unemployment can be associated with a <\/span><b>variety of problems, including higher divorce rates, higher suicide rates, and higher incidences <\/b><span style=\"font-weight: 400;\">of alcoholism.\u00a0<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><b>Social Justice: <\/b><span style=\"font-weight: 400;\">Achieving social justice requires <\/span><b>workers to have a living wage and an environment i<\/b><span style=\"font-weight: 400;\">n which rights are protected and enforced.\u00a0<\/span><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.6988%;\">\n<tbody>\n<tr>\n<th style=\"width: 100%; border-style: solid; border-color: #000000; background-color: rgba(184, 165, 217, 0.53); text-align: left; vertical-align: middle;\">\n<h3><span style=\"font-size: 16pt; color: #000000;\"><b>Schemes for Employment Generation<\/b><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Prime Minister\u2019s Employment Generation Programme (PMEGP):<\/b><span style=\"font-weight: 400;\"> It a <\/span><b>central sector new credit linked subsidy scheme <\/b><span style=\"font-weight: 400;\">being implemented by <\/span><b>Khadi and Village Industries Commission (KVIC)<\/b><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS):<\/b><span style=\"font-weight: 400;\"> It is an social welfare measure that <\/span><b>aims to guarantee the &#8216;right to work&#8217; by providing at least 100 days of assured and guaranteed wage employment <\/b><span style=\"font-weight: 400;\">for at least one member of every Indian rural household.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY): <\/b><span style=\"font-weight: 400;\">\u00a0It is a <\/span><b>skill training and placement program in India of the Ministry of Rural Development (MoRD)<\/b><span style=\"font-weight: 400;\"> covering over 250 trades sectors like, Retail, Hospitality, Health, Construction, Automotive, Leather, Electrical, Plumbing, and Gems and Jewelry.<\/span><\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">It is part of the<\/span><b> National Rural Livelihood Mission (NRLM).\u00a0<\/b><\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Rural Self Employment and Training Institutes (RSETIs): <\/b><span style=\"font-weight: 400;\">These are managed by <\/span><b>Banks with active co-operation from the State Governmen<\/b><span style=\"font-weight: 400;\">t and are designed to ensure necessary<\/span><b> skill training and skill up gradation of the rural BPL youth<\/b><span style=\"font-weight: 400;\"> to mitigate the unemployment problem.<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Deen Dayal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM):<\/b><span style=\"font-weight: 400;\"> To reduce poverty and vulnerability of the urban poor households by enabling them to access gainful self employment and skilled wage employment opportunities<\/span><\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"color: #000000;\"><b>Pradhan Mantri Mudra Yojana (PMMY):<\/b><span style=\"font-weight: 400;\"> It is a flagship scheme of the Government of India to extend <\/span><b>affordable credit to micro and small enterprises. It is <\/b><span style=\"font-weight: 400;\">\u00a0designed to bring enterprises into the formal financial system, or to \u201cfund the unfunded\u201d.<\/span><\/span><\/li>\n<\/ul>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<span class=\"vc_button\"><b>Additional Information:<\/b> <a href=\"https:\/\/pwonlyias.com\/stage\/current-affairs\/employment-scenario-in-india-post-pandemic\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Employment Scenario in India Post-Pandemic<\/span><\/a><\/span>\n<div class=\"vc_table_green\"><\/p>\n<table style=\"width: 99.6375%;\">\n<tbody>\n<tr>\n<td style=\"width: 111.19%; text-align: center;\" colspan=\"2\"><span style=\"font-size: 18pt;\"><b>Also Read<\/b><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.797%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/editorial-analysis\/\" target=\"_blank\" rel=\"noopener\"><b>UPSC Daily Editorials<\/b><\/a><\/td>\n<td style=\"width: 61.393%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/daily-current-affairs\/\" target=\"_blank\" rel=\"noopener\"><b>UPSC Daily Current Affairs<\/b><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.797%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/quiz\/\" target=\"_blank\" rel=\"noopener\"><b>Daily Current Affairs Quiz<\/b><\/a><\/td>\n<td style=\"width: 61.393%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/mains-answer-writing\/\" target=\"_blank\" rel=\"noopener\"><b>Daily Main Answer Writing<\/b><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.797%; text-align: center;\"><a href=\"https:\/\/store.pw.live\/govt-entrance-exams\/upsc-books\/upsc-previous-year-papers?utm_source=SEO&#038;utm_medium=PW+Live&#038;utm_campaign=UPSC+Previous+Year+Papers\" target=\"_blank\" rel=\"noopener\"><b>Check Out Previous Years Papers From PW Store<\/b><\/a><\/td>\n<td style=\"width: 61.393%; text-align: center;\"><a href=\"https:\/\/pwonlyias.com\/stage\/upsc-test-series-courses\/\" target=\"_blank\" rel=\"noopener\"><b>UPSC Test Series<\/b><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.797%; text-align: center;\"><a href=\"https:\/\/store.pw.live\/govt-entrance-exams\/upsc-books\/upsc-textbooks?utm_source=SEO&#038;utm_medium=PW+Live&#038;utm_campaign=UPSC+Textbooks\" target=\"_blank\" rel=\"noopener\"><b>Check Out UPSC NCERT Textbooks From PW Store<\/b><\/a><\/td>\n<td style=\"width: 61.393%; text-align: center;\"><a href=\"https:\/\/store.pw.live\/govt-entrance-exams\/upsc-books\/upsc-modules?utm_source=SEO&#038;utm_medium=PW+Live&#038;utm_campaign=UPSC+Modules\" target=\"_blank\" rel=\"noopener\"><b>Check Out UPSC Modules From PW Store<\/b><\/a><b>\u00a0<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Employment scenario in the country is showing a positive sign as gauged by various labour force indicators nationally as well internationally.<\/p>\n","protected":false},"author":11,"featured_media":144647,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"tags":[],"paper-wise":[2089],"subject":[2100],"acf":[],"_links":{"self":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/144666"}],"collection":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs"}],"about":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/types\/current-affairs"}],"author":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/comments?post=144666"}],"version-history":[{"count":2,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/144666\/revisions"}],"predecessor-version":[{"id":144671,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/current-affairs\/144666\/revisions\/144671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media\/144647"}],"wp:attachment":[{"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/media?parent=144666"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/tags?post=144666"},{"taxonomy":"paper-wise","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/paper-wise?post=144666"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/pwonlyias.com\/stage\/wp-json\/wp\/v2\/subject?post=144666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}