News Excerpt:
According to the World Bank’s April South Asia Development Update report, India has moved fewer people to non-agriculture jobs than most neighbouring nations.
South Asia Development Update:
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Key highlights of the report:
- India could only manage to move a smaller share of its working-age population away from farm-related work than many of its neighbours.
- Bangladesh, Bhutan, Sri Lanka and Nepal have managed to shift a bigger share of jobs to non-agricultural work than India.
- Only Pakistan and the Maldives show a lower shift than India among South Asian countries.
India-specific trends:
- The share of working-age Indians who are employed in agri-based jobs has come down over the years.
- This employment ratio for India was 63.9% in 2000.
- It declined to 58.9% by 2010;
- Further declined to 53.8% in 2019.
- The majority of its neighbours have seen a lower decline or an improvement since the turn of the millennium.
Gender trend:
- India and Bangladesh are among the countries that saw a divergent gender trend when it comes to employment.
- Recent research has suggested that the increased participation of women in India could be driven by rising self-employment among them driven by economic distress.
- Most South Asian countries recorded a decline in the employment ratio.
- The employment ratio for men in India declined by 9.6% points, the lowest after Nepal and Bhutan, between 2000 and 2023.
- Women’s employment ratio in India increased by 1.4% points. It was the highest for Bangladesh at 11.6% points.
- There have been some gains for women as the employment ratio for men has declined.
- Women in Bangladesh are reportedly more economically active because of factors like the growth of its garment industry.