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Reforms, Labour Markets, and Social Security in India

Michelle Riboud (Editor) Nagesh Kumar (Editor) Ramgopal Agarwala (Editor)
Synopsis Social security reforms have attracted increasing attention over the past decade in the face of globalization and industrial restructuring. This volume analyses social security policies for India focusing on the unorganized sector, which accounts for 90 per cent of India's labour force. Analysing critical issues highlighted in recent social debates, the contributors asses: labour market trends resulting from liberalization in India, and the implications for social security and social safety nets. conceptual issues, including global ones, concerning the reform of existing pension systems, the importance of old age security in the unorganized sector. The authors contend that the existing social security policies for the formal sector cannot simply be extended to the informal one. They highlight the need for an alternative for this vulnerable segment of the workforce. The essays draw upon relevant experiences of developed as well as developing countries in this area to support the argument. The volume stresses the need for a unique social security system designed specifically for India. Cautioning against mere import of existing systems from other countries and juxtapositioning these in the Indian framework, the contributors suggest several alternatives for policy-makers. This important work will be invaluable for study and research in the areas of labour laws and social security issues. Economists, policy-makers, human resource managers and lawyers will find this collection useful.
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About the author

Nagesh Kumar

Professor Nagesh Kumar is Director General at the Research and Information System for Developing Countries, New Delhi. From 1993 to 1998, Dr Kumar served on the faculty of the United Nations University – Institute for New Technologies (UNU/INTECH), Maastricht, the Netherlands, and directed its research on FDI and technology transfers in developing countries. He has also served as a consultant to the World Bank, UNDP, UNCTAD, UNIDO, UN–ESCAP, ILO, among other organizations. He graduated with a PhD in Economics from the Delhi School of Economics, University of Delhi. He received the Exim Bank of India’s first International Trade Research Award and a GDN medal for best research in Tokyo for 2000. He serves as the Editor of the South Asia Economic Journal. Professor Kumar has written extensively on the developmental impact of MNEs and FDI, industrial and technology development policies, WTO issues, new technologies for development and on regional economic co-operation, among other themes. His recent books include Globalization, Foreign Direct Investment and Technology Transfers: Impact on and Prospects for Developing Countries (Routledge, 1998) and Globalization and the Quality of Foreign Direct Investment (OUP, 2002).

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Bibliographic information

Title Reforms, Labour Markets, and Social Security in India
Format Hardcover
Date published: 01.01.2004
Edition 1st ed.
Language: English
isbn 0195666097
length xviii+278p., Tables; Figures; 23cm.