With substantial growth in some sectors like IT and ITES, automobiles, and pharmaceuticals; the effect is increasing productivity in several industries.
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ABSTRACT:
In the recent years, India has witnessed substantial growth in some sectors like IT and ITES, automobiles, and pharmaceuticals. The spill-over effects of these sectors have been seen on the forward and backward linkage industries. This has eventually resulted in increasing productivity in several industries. In the past few years, India has also realised a rise in the unionization of the informal sector.
Labour market segmentation is visible across sector, region, gender, caste, etc. “Women in general are disadvantaged in the labour market. In addition to their low share in overall employment, greater proportions of them are engaged in low-productivity, low-income, insecure jobs in farms, and in the unorganised and informal sectors as compared to men” (Institute for Human Development, 2014)