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Meeting No: 2517 048 6968
Password: employment

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Abstract

Over the last four years, manufacturing employment has grown at an average annual rate of 7 percent, with a 10 percent increase last year. This growth is largely led by an increase in rural female work participation, which jumped from 36.7 percent to 46.4 percent last year. Rural women contributed over 50 percent of the new manufacturing jobs in 2023.

The panel shall address the recent trends and future prospects of manufacturing employment in India and also explore how shifting rural female workers from agriculture to non-agricultural roles, supported by policies and financial incentives for women-owned rural MSMEs, can boost India's GDP growth.

About the Speakers

Arvind Virmani

Arvind Virmani is member of NIti Aayog. He was Chairman of the Foundation for Economic Growth and Welfare (EGROW) and President of the Forum For Strategic Initiatives (FSI, Delhi). He has been a Mentor (economic policy) to FICCI & a member of RBI Technical Advisory Committee on Monetary policy.

He was earlier Executive Director, IMF and Chief Economic Advisor, Ministry of Finance and Principal Advisor, Planning Commission. During his tenure he advised on a host of economic policy reforms, through 100s of policy papers, notes and committees. He has served as Member, Telecom Regulatory Authority of India (TRAI) and as Director & Chief executive of the Indian Council for Research on International Economic Relations (ICRIER).

He has published 35 journal articles and 20 book chapters and written over 50 other working papers in the areas of Macroeconomics, growth and finance, tax reform, International trade & Tariffs, International relations, and national security strategy.

Bishwanath Goldar

Bishwanath Goldar is a Retired Professor of Economics of the Institute of Economic Growth (IEG), Delhi. He has been at IEG from 1979 to 2014, except for three brief stints at a professorial or equivalent position at the National Institute of Public Finance and Policy (NIPFP) (1988-90), the Indian Council for Research on International Economic Relations (ICRIER) (2003-04), and the Jawaharlal Nehru University (JNU) (2012-13). During 2015-2016, he was a National Fellow of the Indian Council of Social Science Research (ICSSR), affiliated with IEG. He is a former member of the National Statistical Commission.

Prof. Goldar specialises in industrial economics and international trade. The bulk of his research has been on productivity and employment in Indian industries, wage share and price-cost margin in Indian manufacturing, export performance of Industrial firms, effective protection of Indian industries, impact of trade reforms on the performance of industrial firms, and foreign direct investment in India. He has also undertaken studies on pollution of river water in India and on the environmental aspects of Indian industries including studies on energy efficiency in Indian industrial firms and the impact of environmental performance of industrial firms on their stock prices. He has an M.A. in economics and Ph.D. from Delhi School of Economics (DSE), University of Delhi.

Surjit Bhalla

Dr. S.S. Bhalla, is a Senior India Analyst for the Observatory Group, a New York based macroeconomic policy advisory firm and Chairman of Oxus Research & Investments. In 2017, he was appointed as Member of the Prime Minister’s Economic Advisory Council. He has been a member of the Secondary Markets Advisory Committee of SEBI and the National Statistical Commission of India. Dr Bhalla writes extensively on economic issues and has recently authored another book titled, The New Wealth of Nations.

Amitabh Kundu

Professor Amitabh Kundu is a Senior Fellow with the Sustainable Cities and Transport program at WRI India.

Dr. Kundu has been a Distinguished Fellow at Research and Information System for Developing Countries. He was Professor and Dean of the School of Social Sciences at Jawaharlal Nehru University, a member of National Statistical Commission and chaired the Post Sachar Evaluation Committee and that for estimating Urban Housing Shortage. He was Regional Adviser on Poverty at UNESCWA, Beirut and Consultant to Sri Lankan Government on Population Census.

Currently, he is chairing a committee to monitor the national survey, being conducted for Swatch Bharat Mission for the Ministry of Drinking Water and Sanitation. He was Visiting Professor at the University of Amsterdam, Sciences Po and Maison des Sciences de L’homme, University of Kaiserslautern and University of Wuerzburg. He was Director at various institutes in India and is in the Editorial Board of a large number of national and international journals. He has about twenty five books and two hundred research articles, published in India and abroad, to his credit.