Job Creation and Poverty Reduction in India
This book provides an in-depth treatment of growth and employment issues in India. It reviews India's long-term growth experience, emerging constraints and challenges, and the way forward for sustaining rapid growth along with more and better employment. Specifically, the book identifies ways in which investment can be improved to raise productivity and reduce the cost of doing business, thereby promoting domestic and foreign private investment. It looks at the growth and productivity challenges of agriculture and suggests policies that will help raise farm productivity and incomes. It explains the reason for the low overall employment elasticity of past growth and why there has been limited expansion of good jobs, and concludes by suggesting critical reform options for increasing employment.