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HomeNewsOpinionTechnology lifted India’s productivity, but did it also depress employment?

Technology lifted India’s productivity, but did it also depress employment?

An RBI research paper finds that sectors which witnessed a large increase in productivity growth have registered declining growth of employment and capital during 2011-19 as compared to 2001-10

January 24, 2023 / 11:38 IST
The largest increase in jobs between 2011-12 and 2018-19 has happened in construction and trade, which are very low productivity sectors. (Representative image)
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