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Labour in India refers to employment in the economy of India. In 2020, there were around 476.67 million workers in India, the second largest after China. [1] Out of which, agriculture industry consist of 41.19%, industry sector consist of 26.18% and service sector consist 32.33% of total labour force. [1] Of these over 94 percent work in unincorporated, unorganised enterprises ranging from ...
Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had 31 million jobless people. [37] The numbers are widely disputed.The uses of digital manufacturing and machinery in factories and garments are leading to unemployment in India.
The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy. Notably, India had also been witnessing a pre ...
Reservation is a system of affirmative action in India created during the British rule. It provides historically disadvantaged groups representation in education, employment, government schemes, scholarships and politics.
Information technology in India. The information technology ( I.T.) industry in India comprises information technology services and business process outsourcing. [1] The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. [2] [3] The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023.
Vocational education in India. Vocational education is that form of instruction designed to prepare people for industrial or commercial employment. It can be acquired either formally in trade schools, technical secondary schools, or in on-the-job training programs or, more informally, by picking up the necessary skills on the job. [1]
The economic liberalisation in India refers to the series of policy changes aimed at opening up the country's economy to the world, with the objective of making it more market-oriented and consumption -driven. The goal was to expand the role of private and foreign investment, which was seen as a means of achieving economic growth and ...
The progress of economic changes in India is followed closely. The World Bank suggests that the most important priorities are public sector reform, infrastructure, agricultural and rural development, removal of labour regulations, reforms in lagging states, and HIV/AIDS. [7] For 2018, India ranked 77th in Ease of Doing Business Index.