Globalization, technological advancement, demographic changes, increased global integration, climate change, among other factors, continue to influence the world of work. Additionally, the socio, political and economic shifts are having implications on the nature of work, the workforce and workplace relations, which are of concern for employers, governments and workers’ organisations. These changes pose both challenges as well as opportunities in realizing workers’ economic potential for a better tomorrow.
In a large labour surplus country like India, the informal sector continues to play a key role in generating much needed employment. The informal sector is characterised by decent work deficits - the Covid-19 pandemic has somewhat exacerbated inequalities in the labour markets, disproportionately affecting vulnerable workers. Gender inequalities have also concentrated women workers at the bottom of the global value chain and consequently absorbed in the lowest paid jobs, in piece-rate, subcontracted work, and other insecure forms of self-employment. There is an urgent need to promote social dialogue and ensure greater social justice, safe and healthy working conditions, and decent work for all, including within global supply chains.
Social protection systems need to be strengthened to reduce inequalities, support workers’ transitions and reintegration in labour markets and to promote inclusive and sustainable economic growth as outlined in the United Nations Sustainable Development Goal 8. The FES endorses a progressive discourse on social protection, defined as an instrument to manage the risks to life, promote social cohesion, and to drive growth by boosting productivity and domestic demand.
In cooperation with its partners, the FES works towards addressing labour policy and implementation gaps, capacitates youth and women to encourage their participation in discourses concerning labour and conducts need-based training, research and outreach activities.
