India wants 'more inclusive' globalisation | india | Hindustan Times
Today in New Delhi, India
Apr 26, 2017-Wednesday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

India wants 'more inclusive' globalisation

India has said partnerships between governments and private sector can explore means of corporate social responsibility as an instrument for achieving productive employment.

india Updated: Oct 10, 2007 10:30 IST

Warning against social consequences of increasing phenomenon of jobless growth in developing nations, India has said partnerships between governments and private sector can explore means of corporate social responsibility as an instrument for achieving productive employment and decent work for all.

Direct anti-poverty initiatives are necessary as a social protection measure because inequality and high growth do not automatically eventually lead to a greater equality, it said.

Addressing the United Nations General Assembly's Social, Humanitarian and Cultural Committee yesterday, Indian UN Ambassador Nirupam Sen sought "more inclusive" globalisation and active labour market policies empowering those marginalised from labour market to combat social exclusion.

In this context, he said, a major challenge for a number of developing countries is to counteract jobless growth and reconcile market forces with the objective of a decent work agenda.

Liberalisation of economy, he said, has to follow a certain level of development of economic and scientific capacity. "Sequencing is, therefore, critical but is often ignored."

Stressing on the need to follow proactive policies, Sen said labour force has increased by 438 million to about 2.9 billion in the 1995-2005 decade but unemployment too has risen from 6 to 6.3 per cent during the same period.

Is Your Couch Making You Cough?
Promotional Feature