India's Job Growth Faces Challenges Despite Economic Expansion and New Labor Codes
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India's Job Growth Faces Challenges Despite Economic Expansion and New Labor Codes

India's economic growth has not significantly improved job security, with modest employment expansion and weak job quality outside agriculture. Manufacturing and services experienced limited job growth from 2012-2023. As agriculture's share shrinks, workers move to less labor-intensive non-farm sectors, despite their rising economic output, potentially limiting the impact of new labor codes on job growth.

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