homeeconomy News

Report shows more than half of India's working age population out of labour force

Report shows more than half of India's working-age population out of labour force

Report shows more than half of India's working-age population out of labour force
Profile image

By CNBC-TV18 Feb 4, 2019 10:11:26 AM IST (Updated)

More than half of India's working-age population is not contributing to any economic activity of the country, Business Standard reported, citing National Sample Survey Office's report.

Recommended Articles

View All

Individuals who are above the age of 15 come under the working-age population.
The NSSO report, accessed by BS,  shows the labour force participation rate (LFPR) stood at 49.8 percent in 2017-18, falling sharply from 55.9 percent from the year earlier.
"It is a serious cause of worry as you are unable to utilise the demographic dividend factor — especially keeping in mind the fact that 65 percent of the population is in the working age group," Radhicka Kapoor, senir felloe, Indian Council for Research on International Economic Relations, told the paper.
The LFPR is the share of the population working or available for work. In 2011,12, however, LFPR had declined by 11.5 percent, higher than the drop seen in 2017-18, the report said.
According to the report, the  proportion of the active women-led labour force declined twice between 2011-12 and 2017-18. While the LFPR for females fell by 8 percent to 23.3 percent in 2017-18 when compared to 2011-12, the rate for males dropped 4 percent to 75.8 percent.
The fall in the LFPR was higher in rural areas than urban areas, falling to 58.7 percent from 67.7 percent. In urban areas, the rate fell from 49.3 percent to 47.6 percent.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers