banking service chronicle

banking service chronicle
banking service chronicle

Thursday, June 10, 2021

competition in focus magazine price

 competition in focus mag
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competition in focus magazine price Published this article page no 103 Economists have also suggested use of surplus food grain stock to help the workers tide over the immediate periods of coerced unemployment to use the word coined by Prof. K.R. Sham Sundar. There are successful examples of migrant workers co-operatives that emerged as a response to crisis in many countriesix. States can benefit by collaborating with ILO which has a rich experience of hand-holding many such projects across the globe. Creating opportunities of gainful employment by utilising the skills the return- migrants have acquired so far especially through co- operatives not only follows the Prime Ministers call to be Atma-Nirbhar (self-reliance) but it can also facilitate decentralisation of the process of growth. The State governments may have to work on improving infrastructure building industrial estates for setting up new MSMEs etc. for such projects to become feasible. In fact the initial employment generation can take place through such investment which can push up the economic growth through multiplier. Nurkse (1953) wrote of the unlimited supply of labour in LDCs as a potential source of saving provided there was migration of the disguisedly unemployed workers from rural to the urban industrial sector. Harris and Todaro added the next leaf to the story of rural- urban migration when they explained the growth of urban informal sector due to this migration. We are now witnessing times when the return-migrants can become a renewed source of economic growth by planting the seeds of their on-the- job skills learnt in the urban sector into their home states. If this happens i.e. migrants become gainfully employed in their home states/districts we might write the next leaf in the received theories on migration. The migrant workers await a decent treatment which might in fact be a critical support to economy as a whole. competition in focus magazine price

 

competition in focus magazine price

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