Behind rising manufacturing employment
According to the latest Periodic Labour Force Survey (PLFS) data, manufacturing employment increased by about 5% in 2020-21 and about 8% in 2021-22. This hike is remarkable because manufacturing employment has been falling since 2011. About three million jobs were lost in manufacturing between 2011-12 and 2017-18. This job loss was more than made up in 2020-21 and 2021-22, when about eight million manufacturing jobs were created. These hikes in manufacturing employment are also remarkable as several surveys of manufacturing and services enterprises were undertaken in India in 2020/2021 to assess the impact of the Covid-19 pandemic on Indian MSMEs, which showed that the pandemic had a severe adverse effect on employment.