Browsing by Author "Parida, Jajati Keshari"

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Financial Inclusion - The Means Of Inclusive Growth In India
(Central University of Punjab, 2018) Amritpal, Singh; Parida, Jajati Keshari
India is among the fastest and largest growing economies of the world, but what has been the most disturbing fact about its growth is that its growth has not only been uneven but also discrete. It has been uneven in the sense that there has been no uniformity in its growth performance and it has been discrete and disconnected with regard to growth and distribution of growth benefits to certain sectors of economy. And thus the need for inclusive growth comes in the picture of Indian economic development. However for attaining the objectives of inclusive growth there is a need for resources, and for resource generation and mobilization financial inclusion is required. It plays a very crucial role in the process of economic growth. The accessibility of sound financial services in rural areas is pivotal for the growth of the economy, as this will let the large number of rural households to fund the progress of their income. The growth of Indian economy is dependent on the growth of the rural market. Hence substantial financial inclusion in these segments is of vital importance.
International Migration, Inter-generational Linkages and Households’ Spending Behaviour in Kerala and Punjab
(Central University of Punjab, 2020) A.P. Noushad; Parida, Jajati Keshari
Human beings always strive for a better life. Hence, people do not hesitate to leave their homeland to get better standard of living for themselves and their family. The process of emigration can contribute significantly to the socio-economic development in both the countries of origin and destination. At present, India occupies the top position in both sending emigrants to abroad and remittance receipts in the world. It received over $79 billion remittances from about 17 million emigrants staying across the countries of the World in 2018. This remittance continues to be the financial support for millions of families in India. Particularly, the state of Kerala and Punjab tops the remittance receipts. These remittances help to increased investment in both human and physical capital enormously in these states. Hence, this has helped the native inhabitants to achieve a better standard of living and in terms of development indicators, these two states are far ahead of the other Indian states. Using a household level primary survey, this study mainly focuses on how migration pattern is changing over the generations in these two states. Moreover, this study finds the effect of remittances on spending and labor supply behaviour of the household members in Kerala and Punjab. We have observed three facts about the changing migration pattern over the generations: (1) low skilled to highly skilled emigration; (2) Internal to international migration and, comparatively less developed v Asian regions to developed regions of the Global North, West Asian and Oceanian regions; (3) employment driven migration to the ‘student’ and ‘family’ type of migration. This study also observed that the households reporting remittance receipts, on the average, spend more on all types of household expenditure categories. It shows the economic betterment of the recipient households over their non-recipient counterparts. Moreover, we noticed that the labor force participation among the remittance recipients is lower as compared to the non-recipients. It is because of the reluctance to do manual type of jobs, particularly, the youth in the remittance recipient households. On the basis of these findings our study argued that a structured emigration policy is required to boost the growth of both skilled and low skilled emigration in India. This study also suggests that NRI investments can be promoted by creating a favorable investment environment in the domestic economy, as remittances play an important role in human capital formation.
Reducing Rural Poverty Through Non-farm Job Creation in India
(Springer, 2022-03-15T00:00:00) Pattayat, Shiba Shankar; Parida, Jajati Keshari; Awasthi, I.C.
Based on secondary data, this paper estimates the incidence of poverty by sectoral employment status of individuals and it explores the factors determining individual�s joint probabilities of being poor and being engaged in the non-farm sector jobs (at micro-level). It also finds the impact (at macro-level) of rural non-farm sector employment on the incidence of rural poverty, and it identifies the subsectors of the non-farm sector, which help reduce the incidence of rural poverty in India. Using bivariate probit, recursive bivariate probit regression models, it finds that individual�s human capabilities owing to better education and training and higher occupations of their head of the family significantly determine their probability of being employed in the non-farm sectors, which in turn help reduce their chance of being poor. The panel system generalized methods of moment result suggest that the provincial states of India, which have achieved higher level of non-farm sector NSDP growth along with the creation of jobs through an improved level of infrastructure (roads, railways, banking, and industries) base, have succeeded to reduce the incidence of rural poverty to substantially low levels. Based on these findings, it is argued that the incidence of rural poverty can be reduced on a sustainable basis through the development of rural manufacturing, and by promoting growth of modern service sectors like education, health, communication, real estate, and finance and insurance, along with the infrastructural development. � 2022, The Author(s), under exclusive licence to Indian Society of Labour Economics.
A study of youth unemployment and Labour force participation in Odisha
(Central University of Punjab, 2017) Pattayat, Shiba Shankar; Parida, Jajati Keshari
This study attempts to explore the recent trends and patterns of youth unemployment, sectoral employment patterns and the factors influencing youth labour force participation in Odisha. This study also attempts to project the size and composition of labour force and sectoral employments by 2019-2020 to know the size of demand-supply gap and hence to suggest appropriate policy measures. This study is based on both secondary and primary data. The major sources of secondary data are NSS (various rounds) and Census of India. NSS data is used to calculate various development statistics, whereas census population data is used to adjust the NSS estimates and obtain absolute figures. Moreover, a primary survey is conducted in Balasore district of Odisha to explore the employability pattern of ITI pass-outs. The major findings of the study suggest that youth unemployment is increasing over the last three decades in Odisha. It is high among the students who passed the secondary and above level of education. The unemployment rate among ITI pass-outs is also quite high. The unemployment rate among ITI pass-outs is higher than that of general education pass outs. The falling trend of agriculture employment due to mechanisation on one hand and non-availability of jobs in industry and service sectors on the other hand are responsible for high unemployment in Odisha. Within non-farm sector, the sub sectors like construction, labour intensive manufacturing (basic and fabricated metal, plastic products food and beverages, wood and paper products, and textile and apparel) and within service sector, subsectors like arts and entertainment, retail trade, transportation and storage, and education are deriving employment growth in recent years. vi Furthermore, this study finds that poverty and household income distress are playing an important role in the process of youth labour force participation in Odisha From the demand and supply projection of labour force, it can be concluded that the demand for labour would increase by (at most in the best possible scenario) by 4.5 lakhs per annum, whereas the supply of labour would likely to increase by 6.5 lakhs per annum. Hence, a gap of 2 lakhs per annum would be generated within labour market in Odisha. Therefore, in this context, it is suggested that the policy measure that focuses on growth of manufacturing sector along with development of social sector including education and health sectors would have greater potential for generating employment opportunities. And thereby it would help sustain the growth of jobs and the structural transformation process which started during 2004-05 in Odisha.
A Study on Economic Conditions and Psychological stress among Trans-genders in Delhi
(Central University of Punjab, 2018) Singh, Aman; Parida, Jajati Keshari
A Study on MGNREGA Employment Patterns in Jammu and Kashmir
(Central University of Punjab, 2018) Ghafoor, Ahmed; Parida, Jajati Keshari
This study attempted of MGNREGA on Employment Pattern in Jammu and Kashmir. In this used secondary data for Labour Bureau 5th (2015-16) and Ministry of Rural Development. The MGNREGA provides for one hundred days of employment in every financial year for every rural household who are willing to do unskilled manual work. The scheme was launched with an aim of increasing poor people living standard in rural. The objectives of this study are the process of implementation and patterns of MGNREGA and its determinants. In this examines both financial and physical performance of MGNREGA in the State by focusing on the issues like, job cards issued, man-days generated, employment provided to households in Jammu and Kashmir. MGNREGA play a vital role to poverty reduction in Jammu and Kashmir
A study on the Livelihood Conditions of People Living along the LOC of India and Pakistan
(Central University of Punjab, 2018) Irshad, Mohd; Parida, Jajati Keshari
The project work studies the livelihood condition of people living in borderland in the state of Jammu and Kashmir. This makes an attempt to explain how the activities happening along the LOC1 influenced the livelihood condition of people living in borderland. This article uses primary household survey data. It finds that the unemployment and poverty in bordered areas. It finds that poverty and unemployment is substantially higher in borderland region comparatively to other region. It finds that living condition of people is bad comparatively to other region. The rate of unemployment and poverty is higher than the state average rate in borderland region which implies that the activities happening along the Line of Control significantly influenced and impact the life in borderland.
Why human development should precede economic growth in the States
(Economic and Political Weekly, 2021-09-18T00:00:00) Mehrotra, Santosh; Parida, Jajati Keshari
This paper presents a conceptual model of the relationship between human development and growth and between them and poverty. It then empirically tests the model. It is argued that to sustain economic growth, improvement in human development and income poverty reduction should be given the topmost priority in Indian states. � 2021 Economic and Political Weekly. All rights reserved.