Centre Should Devise Workable Social Security Scheme: ASSOCHAMWednesday, December 08, 2010

Taking into cognizance of the recent alarming findings of the Labor Bureau’s Employment and Unemployment survey (2009-10), and keeping in view the double digit rural unemployment excess of labor need to be moved out from agriculture to manufacturing and services, the Associated Chamber of Commerce and Industry of India (ASSOCHAM) feels that the government at centre should devise appropriate workable social security system in place.

 

The Chamber reviewed the survey report minutely and feels this survey report is a mere reminder to the task of creating jobs for millions that will continue to be a fundamental challenge being grappled and remain grappled by the policymakers.

 

The expert group of the chamber thoroughly verified the findings of the survey and found although the global economic downturn offers itself offers rosy picture but the ground reality is malaise runs deeper and lamented to say in rural areas, agriculture which is state subject continues to be the dominant employer to the tune of 7.2% while manufacturing sector 6.7% and community services 6.3% which project economy’s overall growth dismal and felt though centre is coming out with well conceived schemes to bridge solutions, still lot more needs to be done in the task of employment generation and have to address social security front thoroughly.

 

It has further suggested the centre to make its efforts to upgrade the skills of rural workforce to enable them to match the requirements of the manufacturing and services sectors which may lead to lasting results.