Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:

Casualization of workforce would result in:

Options:

Decrease in the vulnerablility of the workforce.

Increase in the vulnerability of the workforce.

Increase in the number of regular workers.

Income and employment stablility.

Correct Answer:

Increase in the vulnerability of the workforce.

Explanation:

The correct answer is Option (2) → Increase in the vulnerability of the workforce.

"The distribution of workforce in different status indicates that over the last five decades (1972-2018), people have moved from self-employment and regular salaried employment to casual wage work. Scholars call the process of moving from self-employment and regular salaried employment to casual wage work noticed during 1972-94 as casualisation of workforce. This makes the workers highly vulnerable."