Employment Growth And Elasticity

ECONOMICS
ECONOMICS
ECONOMICS PROJECT REPORT Widely available data on India\'s GDP growth, employment growth and elasticity of employment with respect to GDP indicates that - ·   GDP growth   has steadily increased from 4.5% during 1970s to 9% during 2005 - 2012 periods. · The   elasticity of employment   with respect to GDP declined continuously from 0.52 in the 1970s to 0.02 in the second half of 2000s. · Employment growth and elasticity have declined for the primary sector (which is needed). However, it