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Approaches and Strategies for Growth & Employment PowerPoint Presentation
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Approaches and Strategies for Growth & Employment

Approaches and Strategies for Growth & Employment

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Approaches and Strategies for Growth & Employment

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  1. Approaches and Strategies for Growth&Employment SDG P & D Department, GoA

  2. Mandate of P & D Hand Book of Power & Functions of Sec. Org 1968 • Emerging Challenges • Changed Country Scenario • Aligning with SDGs • Linking with outcome • Macro Planning • Coordination • Assistance • Monitoring and Evaluation

  3. Two Focus Areas of SDG 8 GROWTH Inclusive Sustainable EMPLOYMENT Full Productive Decent

  4. P & D: Macro Perspective Gap in Per Capita is 40 % Vision 2030 aims at eliminating this gap by 2030

  5. Desired Rate of Growth:A Simulation Exercise

  6. Desired Sectoral Growth • Agriculture: 8 to 9 percent medium term (5-7 years) and 9-10 percent long term (10-8 years) • Industry: 6 to 7 percent medium term (5-7 years) and 8 to 9 percent long term (10-8 years) • Services: 11 to 12 percent medium term (5-7 years) and 14 to 16 percent long term (10-8 years)

  7. Broad Sectoral Approaches Agriculture Services Industry • Irrigation • Cropping Intensity • Diversification Key Sectors: Fishery, Diary, Horticulture & Plantation • Assam as “Services hub” • Look (Act) East Policy Key Sectors: Health, Education, Tourism • Infrastructure • Investment • Small/Medium Scale Units Key Sectors: Agro-processing Textile/Handloom

  8. Employment for Inclusive Growth • Assam is one of the lowest LFPR (NSSO, 2011-12), female LFPR is 18.1 percent against 33.1 in the country • Unemployment Rate is relatively high (5.8 against 2.3 in the country NSSO, 2011-12) • Long run Employment Elasticity of Growth has been worryingly low, just about 0.5 percent

  9. Situation Analysis • How much jobs are needed (NSSO, 2011-12) • Rate of unemployment 5.8 percent = 11.9 lakh • Working Poor 2.8 percent = 5.7 lakh • Growth Labour force 1.8 percent = 3.7 lakh Total 20.3 lakh

  10. Macro Diagnostics 2 Macro Reasons for Persistent Unemployment Lack of Aggregate Demand Lack/Under Utilised Fixed Capital Stock Consumption Poverty Govt Spending Growth Trade Balance Look (Act) East Investment Private, Public, Aid

  11. 2 Broad Approaches • Employment Creation: State has obvious constraints, Market has potentials – Manpower Planning in the context of emerging Labour Market • Enhancing Employability: skilling – futuristic skills, convergence between Labour and Employment Dept. & Education (Technical)

  12. Assessment of Investment • Assessed Investment is about 44 percent of GSDP consistent with growth of 14 percent (long run incremental capital output ratio being around 3.5) • Current Rate of Investment is below 20 percent of GSDP • Annual Plan grant constitutes about 8 percent of GSDP

  13. A Tentative Proposal towards SDG Planning and Outcome Budget Step 1 Prioritisation of SDGs: • High • Medium • Low Based on relative position of the state and also on the context • Step 3 • Design a dynamic IT platform • Step 2 • List and Codify all Indicators • Design a Scoring tool for projects • Design a robust weighting principles

  14. Total Score of the Project: 30x4+30x4+20x4=320 (Facilitates Prioritisation) • SDG Outcome Budget=30 percent of the project amount is mapped to 1.1

  15. Thank You