Reconnect and Rebound: A webinar on migrant workers, employment and economy
The world is faced with the unprecedented outbreak of the Coronavirus Disease (or COVID 19) which presents an alarming humanitarian crisis at the wake of a declining world economic outlook. The situation is even more profound in developing countries such as India, which are engaged in tackling issues on multiple fronts including healthcare, employment, migration, behavioural change, safeguarding the vulnerable and juggling economic stimulus with fiscal leverage. The country has seen a large movement of migrant workers returning to their native States as a result of this pandemic. Moreover, experts feel that migrant workers leaving big cities may not return quickly. This might lead to a situation of jobless workers looking to go back to work in rural areas while businesses crawling back to full capacities and looking for manpower to employ (skilled, semi-skilled or unskilled). In addition to the previous stimulus, the Prime Minister announced a stimulus package of Rs 20 lakh crore – close to 10% of the Indian GDP on 12th May, 2020 having a mix of fiscal support, monetary support, ease of doing business processes, as well as some fundamental reforms.
This raises the following questions that need to be discussed:
• Can institutional and policy interventions turn the tide of this mismatched labour market to create a flexible, national, labour market that enables labour to find skill indexed jobs that suit their abilities?
• Can these interventions assist to Reconnect the jobless with the jobs and help the economy Rebound faster?
• What role can MSDE play in supporting States/ UTs?
To discuss this, SANKALP Team, Ministry of Skill Development and Entrepreneurship (MSDE) and the Center for Public Policy, IIMB brings on board a set of stakeholders who have been closely working on different aspects.
Date and Time: 24th June 2020, 11 am
Reconnect and Rebound: A webinar on migrant workers, employment and economy
The world is faced with the unprecedented outbreak of the Coronavirus Disease (or COVID 19) which presents an alarming humanitarian crisis at the wake of a declining world economic outlook. The situation is even more profound in developing countries such as India, which are engaged in tackling issues on multiple fronts including healthcare, employment, migration, behavioural change, safeguarding the vulnerable and juggling economic stimulus with fiscal leverage. The country has seen a large movement of migrant workers returning to their native States as a result of this pandemic. Moreover, experts feel that migrant workers leaving big cities may not return quickly. This might lead to a situation of jobless workers looking to go back to work in rural areas while businesses crawling back to full capacities and looking for manpower to employ (skilled, semi-skilled or unskilled). In addition to the previous stimulus, the Prime Minister announced a stimulus package of Rs 20 lakh crore – close to 10% of the Indian GDP on 12th May, 2020 having a mix of fiscal support, monetary support, ease of doing business processes, as well as some fundamental reforms.
This raises the following questions that need to be discussed:
• Can institutional and policy interventions turn the tide of this mismatched labour market to create a flexible, national, labour market that enables labour to find skill indexed jobs that suit their abilities?
• Can these interventions assist to Reconnect the jobless with the jobs and help the economy Rebound faster?
• What role can MSDE play in supporting States/ UTs?
To discuss this, SANKALP Team, Ministry of Skill Development and Entrepreneurship (MSDE) and the Center for Public Policy, IIMB brings on board a set of stakeholders who have been closely working on different aspects.
Date and Time: 24th June 2020, 11 am