Future of Blue Collar Jobs
The future of blue collar jobs is surely
brighter than ever before. And there are a couple of obvious reasons for that.
First, the Covid19 pandemic has forced a large chunk of migrant labour to
return to their native towns. Many of these have become self-employed and are
not going to return back to the cities.
Second, the central government's PLI scheme
(Production Linked Incentive), which covers many sectors like telecom,
automobile, battery, pharma, food, textiles and steel, is already yielding
results. The government of India is offering 4% to 6% incentives to the
companies that fulfil the parameters of the PLI scheme. Samsung, currently the
biggest mobile manufacturer in the world, has expanded its biggest plant in Noida
and it employs close to 10000 workers.
Now, let's discuss the future of blue collar
jobs in detail.
What is a blue collar job?
Before we talk about the nuances and future of
blue collar jobs in India, it is important to know what a blue collar job is in
the first place.
Well, basically all jobs which require physical
labour like a worker in a manufacturing plant, forklift operator, crane
operator, construction worker, warehouse worker, machine operator, cutting
technician, welding technician among others come under blue collar jobs.
Many people confuse blue collar jobs with
unskilled labour but that is not true. In fact, most of these jobs require
training and a high level of skill set. For example, a forklift operator
requires training and certification before he/she can operate the machine.
The future of blue collar jobs?
As mentioned in the beginning, the government
of India is pushing for GDP growth through various incentive programs, ease of
doing business initiatives and other legislations. In fact, before Covid19
struck, the government had set a goal to become a $5 trillion economy by 2025.
Many programs were initiated keeping this goal in mind. Let's see some of them
One Lakh+ Crore Infra Push
In late 2019, the finance minister Nirmala
Sitharaman had unveiled Rs. 102 lakh crore of infrastructure projects slated to
be completed by 2025.
The projects identified are in sectors such as
power, railways, urban irrigation, mobility, education and health. This is by
far the biggest infra push by the government ever. Goes without saying, with
such a big infra push in so many core sectors, millions of jobs will be created
and the bulk of them will be blue collar jobs.
Smart City Mission
The Smart City Mission was launched in June
2015 with an aim to make these cities citizen-friendly and sustainable. A total
of 100 cities were selected in five rounds. The total funding outlay for the
mission is Rs.48000 crore spread over 5 years. The deadline for the completion
of the projects was set between 2019 and 2023.
However, as of July 2019, the effective
combined completion of all projects in terms of value was just about 11%. This
means 1000's of blue collar jobs will be available in these 100 cities across
India in the next few years as the projects are likely to spill over to at
least next five years.
As briefed above, the Production Linked
Incentive Scheme is already expanding the economy as several focus sectors are
expanding their production capacities or installing new manufacturing plants to
take advantage of a lucrative 5% (average) incentive from the government.
PLI scheme will also help in boosting the
exports as the industries will be able to compete at the international level
owing to the incentive. 100s of 1000s of blue collar jobs will be crated as
companies install new plants or expand capacities across the country.
Blue Collar Recruitment
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