What is casualisation how it is impacted to Indian economy
Answers
Answer:
the transformation of a workforce from one employed chiefly on permanent contracts to one engaged on a short-term or casual basis.
makes companies to recruit more Casual Workers. The rigid labour regulatory framework of India has proved to be a bottleneck for organisations, from hiring workers and expanding their production. The process of liberalization has helped in the process of casualisation.
Answer:
the transformation of a workforce from one employed chiefly on permanent contracts to one engaged on a short-term or casual basis is known as casualisation.with the casual workforce in India, an increase in GDP is accompanied by a fall in job security.In India, daily-wage earners are not given the same benefits or status as a tenured employee. This not only makes casual labour an unattractive option of employment but also endangers the progress of the population that engages in such work.
Explanation: