Question

Suggest any four measures to improve the labour market conditions in India.​

Answer 1

The labour market is the supply of and demand for labour in which the supply is provided by workers and the demand is supplied by employers.

   The  measures to imporve labour market include -

   Relationship between Employer and labour- Labour productivity often relies on employer-employee relationships. If the relationships between the two are familiar and cordial, there will be high labour productivity.  

   Better working conditions - Every human wants safety. It is essential for the enterprise where the labourers are employed to provide them with essential food, safety and hygiene facilities. Good working conditions also boost the moral of employees.

   Direct wages - By offering wage subsidies directly to employees through digital payments, governments can benefit businesses. It ensures workforce tracking and documentation, allowing government, to reach out to them. This will help enterprise retain employees at a time of strained cash flow.

   Better Social conditions- The backward community is based on relationships of caste and creed. Employees will not work in partnership with employees belonging to other castes. Thus, labour efficiency will be insufficient.

Answer 2

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• Employer-employee relation: Efficiency of labour also depends upon the employer-employee relations. If the relations between the two are friendly and cordial, efficiency of labour will be high.
• Social conditions: If the society to which the workers belong is backward, and is based on caste and creed relationships, workers will not work in cooperation with workers belonging to other castes. Thus labour efficiency will be low.