This article dwells on the issue of how the fourth industrial revolution will impact the job market in Bharat. Compared with Bharat, manufacturing productivity in Indonesia is twice as high; in China and South Korea, productivity is four times higher. For example, South Korea’s electronics manufacturing sector is 18 times more productive than Bharat’s, and its chemicals manufacturing sector is an astonishing 30 times more productive. Papers such as (Kumar, 2021; The Future of Jobs Report 2020 | Weforum.org, 2020) extensively throw light on the impact of the Industrial Revolution on employment, and it is clear that there might be a negative impact on the jobs and employment scenario. India Employment Report 2016: Challenges and the Imperative of Manufacturing-Led Growth.

Source: Economic Times November 13, 2023 13:53 UTC