The Elasticity of Employment With Respect to Economic Growth Has Been Falling Drastically- Prof Swarna Sadasivam Vepa


Employment is the source of growth of the nation. The drastic recession of the country during the Covid 19 phase has taken employment to nadir. Employment is the need of the hour as the unemployed workforce is downfall productivity of the nation. The rising population should ensure rising demand and thus, an increase in supply and employment. But this phase of falling employment with rising population and stagnant demand is a spiral that would continue if not handled with an effective and efficient policy.

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In order to tackle the complexities of unemployment while charting out ideas for creating an employment hub nation, the Center for Work and Welfare(CWW) at IMPRI Impact and Policy Research Institute, New Delhi, organized an online discussion on The Need for a National Employment Policy the state of employment and Livelihood– #Employment Debate series on 12 August 2021.

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Prof Swarna Sadasivam Vepa expressed her views on employment by scrutinizing the impact of emergent technologies on employment. She stated that software engineers left their jobs as their work was done by machines.

Prof Swarna Sadasivam Vepa emphasized on need of asking how to use technology to leverage employment.

She also added her views on women’s employment decrease in India whereas it increased in developed countries.

She stated that it’s been both in urban as well as rural areas and provided two reasons for it. The first reason cited was the increase in machinery in rural areas that doesn’t require women to work as these are luxurious jobs.

In the urban sector, although women’s enrolment in higher education is rising, enrolment in jobs is declining as job opportunities are decreasing and corporates are preferring men in spite of the huge innovative women workforce.

You tube link for The Need for a National Employment Policy