Published Paper Details:

India's labor market reflects a complex interplay of globalization, technological advancements, and policy interventions. Foreign Direct Investment (FDI) inflows, while beneficial, pose challenges such as dependency risks and sovereignty concerns. This paper explores the evolution of India's FDI policies, highlighting the need to balance FDI attraction with safeguarding national interests. The shift from agrarian to service-oriented economies has led to urbanization and the growth of informal employment, presenting issues of job security and social protection. Globalization's impact on wages, working conditions, and job security underscores the need for policy responses to address labor market disparities. Skill development initiatives, such as Skill India and National Skill Development Mission, are crucial in enhancing employability amidst changing market demands. This paper concludes by emphasizing the importance of sustainable and inclusive development strategies in realizing India's vision of a resilient labor market in the era of globalization.