Re:India Lacks Formal, Salaried Jobs
by montrose on Saturday February 24, 2018 @02:07PM
(#16454720)
What these numbers tell me is that while lots of people start their own companies, these companies tend to stay small.
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Re:India Lacks Formal, Salaried Jobs
by abhishek0318 on Saturday February 24, 2018 @02:25PM
(#16454794)
Not exactly. The number of people with unsalaried jobs is large because of the fact that a large number of people (60%) are still employed in agricultural sector.
I think that is an effect of there being few big companies, not a cause of it. Historically industrialization has pulled people off farms. So a high proportion of agricultural workers usually = insufficient industrialization.