Why in News
A vast majority of Indians earn the entirety of their incomes through labour as opposed to ownership of capital or land.
Further, about 90% of the working Indian population earns its livelihood through informal employment.
These is characterised by little or no job security, no employment benefits, no social protection, and lower earnings.
The informally employed are primarily concentrated among casual labourers and the self-employed, but exist even in some segments of those who are classified as regular wage or salaried workers.
Why in News
The Periodic Labour Force Survey (PLFS) is a survey conducted by the National Sample Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) in India.
It's designed to measure employment and unemployment trends in the country.
Here's a breakdown of the PLFS:
Objectives:
Short-term Estimates: Measure key employment indicators like Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), and Unemployment Rate (UR) for urban areas every three months (Current Weekly Status - CWS).
Long-term Estimates: Measure labour force estimates for both rural and urban areas on key parameters in usual status and CWS, providing data on aspects like hours worked not available in earlier surveys.
Key Findings (latest report 2022-2023):
Increase in Labour Force Participation Rate (LFPR) across India, both in rural and urban areas, with a significant rise for females.
Increase in Worker Population Ratio (WPR) across India, both in rural and urban areas.
Decrease in Unemployment Rate (UR) across India, both in rural and urban areas.
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