Bridgital Nation by N Chandrasekaran & Roopa Purushothaman

Author:N Chandrasekaran & Roopa Purushothaman
Language: eng
Format: azw3, epub
ISBN: 9789353056360
Publisher: Penguin Random House India Private Limited
Published: 2019-10-17T04:00:00+00:00

The Curious Case of Indian Manufacturing—The Faster the Growth, the Fewer the Workers 2

The stalled escalator results in a situation where agriculture, which contributes 18 per cent to GDP, employs roughly 44 per cent of the workforce. Against this, the services sector contributes 52 per cent of GDP, but employs less than a third. 3

India needs to create an environment for other sectors to flourish as escalators. Only then will workers step up from low-productivity industries to intermediate, and more productive work.

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