EMPLOYMENT IMPLICATIONS OF INDIA'S INDUSTRIALIZATION: ANALYSIS IN AN INPUT OUTPUT FRAMEWORK.

This article discusses employment implications of India's industrialization. This article presents estimates of the sectoral direct and indirect employment potential of the 77 sectors of the input-output table. The static input output system is used to arrive at these estimates. No attempt has been made to discuss the problem of choice of techniques; however, the problem of product or output mix has been taken into consideration. The sectors are agricultural and create substantial employment per unit of final demand. Increase in the consumption of the products may not be acceptable due to its impact on capital accumulation. The conflict between present and future consumption and its impact on employment is clearly demonstrated. It should also be mentioned here that it may not be correct to hold the view that agricultural sectors are incapable of generating substantial employment. Among these nine sectors there are two key sectors, viz, metal products and petroleum products. Both these sectors are nonagricultural. The other seven sectors are characterized by poor forward linkages but strong backward linkages.