Question Q.12GS3GS3
The rapid advancement of artificial intelligence (AI) presents both unprecedented opportunities and significant challenges for India's labour market. Examine. Also suggest strategies to align AI adoption with inclusive and resilient labour market outcomes.
Main Body
Economic Survey (24-25) highlights that 270 million people may be affected globally due to AI adoption while also pointing opportunities for income growth. Opportunities by AI for labour market: (1) Increased productivity of work forceBetter skilling and optimum utilization. (2) Efficient hiring based on marketable skillsrooted in AI tools and expertise. (3) Capacity augmentation within production and human resource management. (4) Technology for continued upskilling.
Challenges due to AI: (1) Threat of Job loss. Ex- NASS COMM report210 million jobs might be affected. (2) Issues of adoption by MSMEs - due to job capability and small size. (3) Low employability of Indian workforce. Ex- NSDC skill report - only employable graduates at per India Skill Report. (4) Low governmental support in labour marketfor informal sector and unski workforce. (5) High-skill educated unemployment levels. Ex- Lack of marketable skills.
6Lack of adequate workforce-academic linkage. Ex- Skill India Mission, PM Kaushal Vikas Yojana, India AI mission, e-SHRAM code for Informal Employment linked Incentive. Further suggestions for strategies: (1) Eco Survey recommends adoption of Skavouling Institutions along with Indian institutions to house relative inclined based. (2) Promote further capacity through Global Capability Centre for skillings. (3) Upgradation of Skills - to national training CNTETP. (4) Market regulation to ensure job security against mass firing online.
221 words1 paragraphs
Conclusion
Therefore, skilled workforce needs skilling while creating social security. E-labour linked incentive awards.
13 words
Topper
Ayush Pathak
AIR 2152025
Subject & Paper
GS3GS3
Topic
Economic Development
Employment related issues
Employment related issues
Writing Stats
234
Total words
1
Paragraphs
structured
Tone