The reports are titled as Insights from GVA trends and State-level dynamics and Insightsfrom Employment trends and State-level dynamics.
Key Highlights of the Reports
Services at the Core of India’s Employment Transition
- It employed 188 million workers in 2023–24, and is the second-largest employer.
- In 2024–25, the services sector contributed nearly 55% of Gross Value Added (GVA), while the primary and secondary sectors accounted for 16% and 29%, respectively.
- Despite a high contribution to GVA, it provided less than one-third of total jobs (mostly informal and low-paying).
Employment Landscape
- Added ~40 million jobs in six years, second only to construction.
- Acts as a labour shock absorber, but is divided between:
- High-value services (IT, finance, healthcare, professional services), productive but limited employment.
- Traditional services (trade, transport), major employers, yet highly informal.
- India’s shift to services remains slower than its peers.
Employment Profile
- Spatial: 60% of urban workers, as compared to less than 20% of rural workers in services.
- Gender: Only 10.5% of rural women are in services as compared to 60% of urban women; persistent wage gaps.
- Age: Dominated by prime-age workers; youth face instability.
- Education: Higher education improves job access, but informality persists.
- Informality: 87% lack social security; rural women earn less than 50% of men’s wages.
Roadmap for Transformation
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