Lok Sabha
The India Labour Report of Team-Lease Services Limited has been submitted to the Planning Commission. The Report has ranked Indian States based on a Labour Eco System Index constructed using three variables of labour demand, labour supply and labour laws. It has examined the current status of our labour market and makes the case that there will be a large number of people in 2020 in the labour force, who will require a range of employment opportunities. It further analyses that if current trends continue, it will lead to wide spread unemployment i.e. 30 per cent by 2020. It has also linked economic growth with the States ranking on the index and shows that the States, which have better rating in the past have achieved higher growth. The Planning Commission has not accepted this Report or any of its recommendations till now.
This was stated by the Minister of State(Independent Charge) of Ministry of Labour and Employment, Shri Oscar Fernandes in a written reply in the Lok Sabha today.
MLD:LK:L-129(team lease services ltd.)(04.12.06)
(Release ID :22767)