Segmented Labour Market and the Future of Employment Generation
Understanding the Segmented Labour Market
In India's segmented labour market, various sectors like agriculture, manufacturing, transport, and trade interact differently. iHowever, focusing on segmented labour market dynamics is crucial to fostering job creation.i
Challenges in Job Creation
- Limited access to organized sector jobs.
- Dependence on traditional industries.
- Barriers for women and marginalized groups.
Strategies for Employment Generation
Implementing the ELI Scheme: The Employment Linkage Initiative (ELI) scheme can catalyze formal employment opportunities.
- Enhancing skills training programs.
- Promoting private sector partnerships.
- Encouraging entrepreneurship.
Moving Forward
To create well-paid, high-productivity employment, India must prioritise segmented labour market challenges through comprehensive policies that integrate support systems across industries.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.