Impact of Globalisation and Economic Reforms on Employment in India

In this paper, the basics of globalization, the economic reforms initiated in India and the trends in employment and the impact of globalisation are discussed. It is argued that the unorganised workers would expand further due to globalisation. Under the present deprived conditions of unorganised sector, this would lead to imbalance in the labour market leading to more supply of labours, low wages and low level of income. This situation would affect the social and economic conditions of the unorganised working population. The unorganised workers will be in the highly disadvantageous position as there would be a shift in the technology from labour to capital intensive and use of unskilled to skilled workers.