National Employment Policy arriving

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Government is keen to kickstart a formal process of pushing jobs generation - about time.

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 National Employment Policy arriving

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  • The story: India is facing the spectre of jobless growth, for years. Formal sector jobs aren't being generated at the scale that the demographics of India needs. Now, the central government has planned a committee for National Employment Policy (NEP), seeking to create a roadmap for improving job opportunities in India. Over the past five years (2016-2021), massive jobs destruction has happened in both manufacturing and construction sectors, while no. of people engaged in agriculture has gone up.
  • Key ideas: The committee will comprise representatives from Ministry of labour and other ministries, and will include prominent people from industry. It will be a high-powered committee, of which views and recommendations will be taken.
  • National Employment Policy (NEP): The NEP seeks to create a sector-wise strategy to improve the potential of job creation by pulling investments towards employment-intensive sectors, attracting new industries by creating an enabling environment and by policy interventions. It will be created based on data from five all-India labour surveys and E-Shram portal for facilitating evidence-based policymaking to generate employment.
  • AQEES survey: The first All-India Quarterly Establishment-based Employment Survey (AQEES) was launched in September 2021, for the April-June 2021 quarter. This survey is conducted by Labour Bureau, an office of Ministry of Labour & Employment. As per Centre for Monitoring Indian Economy (CMIE), unemployment rate had touched a record high of 23.52%, in April 2020. During April-June 2020-21 quarter, around 121 million jobs were lost, the highest ever monthly job loss on record since it started compiling employment data.
  • E-Shram Portal: The Labour Ministry had launched the E-Shram portal on August 26, 2021. The platform registers an estimated 380 million informal & unorganised workers like construction workers, street vendors, domestic workers, gig & platform workers, agricultural & migrant workers, and other unorganised workers. This portal will facilitate the implementation of policies for unorganised sector.
  • EXAM QUESTIONS: (1) What is the right way to generate the crores of formal sector jobs that India now needs, to employ its vast youth workforce? (2) Why has India's GDP growth trajectory not been propitious for the jobs growth story? Trace the reasons.
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PT's IAS Academy: National Employment Policy arriving
National Employment Policy arriving
Government is keen to kickstart a formal process of pushing jobs generation - about time.
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PT's IAS Academy
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