Five labour market transitions are needed: farm to non-farm, rural to urban, subsistence self-employment to wage employment, school to work and informal to formal.
The future of jobs in agriculture sector lies not just at the farm but on how we are able to convert the produce into food and get the food on to the plate.
The present day scenario calls for the next generation of reforms, especially focused on the labour markets and the education sector.
The solution to India's need to create more jobs faster is to urgently apply a more effective process to develop a good, synergistic policy-matrix.
India will have to invest in Industry 4.0, also transform to a nimble demand led education system integrated with skill development.
To find effective solutions for job creation, we need to understand three problems - the problems of demand, supply and clearing