2. How has the process of liberalization, which has otherwise led to high economic growth, affected the employment rate and the nature of employment in India?

Approach:

♤ Briefly describe how the liberalisation has led to high economic growth in India.

♤ Analyse the effect of liberalisation on the employment rate and the nature of employment in India both in organised and unorganised sectors.

♤ Bring out both positive and negative effects.