NITI Aayog has constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. It will be headed by NITI Aayog Vice Chairman Dr Rajiv Kumar. The Niti Aayog said, while the Indian workforce has high aspirations, a majority of workers are still employed in low-productivity, low-wage jobs in small, micro and own-account enterprises. It said, an urgent and sustained expansion of the organized sector is essential to address India’s unemployment and under-employment issue.
The think-tank said, given the importance of exports in generating jobs, India needs to create an environment in which globally competitive exporters can emerge and flourish. The panel
will give recommendations on sector-specific policy interventions in key employment sectors and measures to enhance trade in services with high employment potential.
It will also propose a comprehensive plan of action to generate employment and alleviate under-employment in both goods and services sectors and low wages by boosting India's exports in key labour-intensive industries. Members of the Task force include CEO, NITI Aayog, Secretaries of Departments of Commerce, Industrial Policy and Promotion, Economic Affairs and Textiles. Leading economists and industry experts are also members of the Task Force, which will submit its report by November 2017.