Make in India – Prospects for Employment Generation
Journal Title: International Journal of Economics, Commerce and Research (IJECR) - Year 2017, Vol 7, Issue 4
Abstract
India has been witnessing a serious problem with employment generation. “Make in India” campaign aims at transforming India into a global manufacturing hub and generate enough employment. However, the current status of the manufacturing sector presents several impediments in making Make in India a success. Overtime, the absorptive capacity of the sector has tended to decline, which poses serious doubts about the achievability of the aims of the campaign. In such a case exclusive focus on the manufacturing sector looks like a faulty strategy. The paper argues that identifying appropriate manufacturing goods and services that can generate enough employment and usher in growth is a better strategy. Along with this identification Skilling and educating India has become imperative, to make the workforce ready for productive employment opportunities.
Authors and Affiliations
Jasmin .
Keywords
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