Poverty and Inequality Outcomes under Globalisation Informal Formalisation of Labour Market in India. Amitabh Kundu Jawaharlal Nehru University Institute of Social Studies, The Hague The 2 nd November, 2009. Macro Growth Perspective for India under Global Meltdown.
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Poverty and Inequality Outcomes under GlobalisationInformal Formalisation of Labour Market in India
Jawaharlal Nehru University
Institute of Social Studies,
The 2nd November, 2009
Global crisis has not impacted India severely not simply due to stimulus measures but longstanding traditions of financial restraint, public sector institutions for provision of subsidided basic goods and services and, most importantly, characteristics of labour market and developments therein linked with globalization. The presentation is focused on Labour market characteristics.
Graph 4 Persons below the poverty line (in percentage)
Source: Poverty estimates of Planning Commission for various years
Table 1 Employment and GDP growth rates since 1972
Population ages 15-64 (% of total)
East Asia & Pacific
European Monetary Union
Graph 1A: Percentage of Population in the Age Group 15-64 to Total Population
Source: World Development Indicators (WDI), UN Population Division.
Graph 1B: Projection of Percentage of Population in the Age Group 15-64 to Total Population
Note: Computed on the basis of the data obtained from World Population Prospects, 2004.
Table 2: Percent workers in 15–59 age by Usual, Weekly & Daily Status
Table 3 : Percent unemployed to labourforce in rural areas
Table 4: Percent unemployed to labour force in urban areas
Table 5: Distribution of usually employed (Principal and Subsidiary status) by category of employment
Source: Statement 5.7, NSS Report 515
Table 5 Growth rate of real wages of regular workers, 1999-00 to 2004-05