India’s labour force is undergoing structural transformation with the share of agriculture in the workforce witnessing a modest 23% decline over a 37-year period while large enterprises( with more than 20 workers) now employing 13.7% of the workforce, signifi…
India's labour market is undergoing a structural transformation driven by the country's broader economic transition, according to a report by SBI Research based on the latest Periodic Labour Force Survey (PLFS) 2025 unit-level data.