Which of the following has made even the small number of people in regular salaried employment in India more insecure?
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → The rise in contract labour
Option (1) The growth of the service sector — Incorrect. The service sector, such as shops, banks, IT and hotels, is employing more people. Its growth adds jobs to the economy.
Option (2) The policy of land acquisition for industry — Incorrect. Land acquisition for industry displaces farmers and adivasis from their land. It affects people living around new industries, who face low compensation and casual work.
Option (3) The spread of foreign products in Indian shops — Incorrect. Foreign products in Indian shops are a result of liberalisation. They change what people buy in the market.
Option (4) The rise in contract labour — Correct. Contract labour means workers hired on contract for a fixed task or period. As firms hire more contract workers, even the few people with regular salaried jobs feel less secure.
NCERT (2026-27): “Globalisation, Liberalisation and Changes in Indian Industry … |