With employment prospects in the country nosediving as GDP growth remains
stunted and exports not picking up to the extent desired to shore up the
foreign exchange reserves, the government has constituted a task force to
address both the vital issues
To provide a major thrust to job creation by enhancing India’s exports, an
Expert Task Force has, today, been constituted with the NITI Aayog Vice
Chairman, Dr. Rajiv Kumar, as its Chairperson.
While the Indian workforce has high aspirations, a majority of the workers
are still employed in low-productivity, low-wage jobs in small, micro and own-account
An urgent and sustained expansion of the organized sector is essential to
address India’s unemployment and under-employment issue. An important strategy
is also to enable a shift towards more labour-intensive goods and services that
are destined for exports. Given the importance of exports in generating jobs,
India needs to create an environment in which globally competitive exporters
can emerge and flourish.
The steps outlined by the taskforce to address this challenge of creating
well-paid, formal sector jobs, include:
Proposing 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
Recommending sector-specific policy interventions in key employment sectors
and measures to enhance trade in services with high employment potential
Identify key macroeconomic factors constraining exports and suggesting
methods to address these constraints and
Assessing the effectiveness of existing schemes to promote exports
Addressing issues related to logistics, export credits and trade
facilitation and suggesting ways to enhance the availability of data on trade
such that it is reliable, globally comparable and timely, particularly with
respect to trade in services.
Members of the Task force include CEO, NITI Aayog, Secretary, Department of
Commerce, Secretary, Department of Industrial Policy and Promotion, Secretary,
Department of Economic Affairs, Secretary, Ministry of Textiles. Leading
economists and industry experts are also members of the Task Force, which will
submit its report by November 2017.
task force will be headed by Vice Chairman NITI Ayog and comprise CEO, NITI Aayog – Member,Secretary, Department
of Commerce -- Member, Secretary, Department of Industrial Policy and Promotion
-- Member, Secretary, Department of
Economic Affairs – Member, Secretary, Ministry of Textiles -- Member, Rajeev Kher, former Secretary, Department of
Commerce – Member, Ajit Ranade, Chief Economist, Aditya Birla Group, Praveen Chakravarty, Senior Fellow, IDFC
Institute, Dr. Jayanta Roy, formerly of The World Bank -- Member, Harish Ahuja, MD, Shahi Exports – Member, D.
Shivakumar, Chairman and CEO, PepsiCo, India – Member, Sunil Vachani, Executive Chairman, Dixon
Electronics – Member, Dipak Deva, CEO,
Kuoni Travels, former President WTTDC, and
Dhiraj Nayyar, OSD, NITI Aayog -- Convener.