Rationalization of the Economy through Migrant Workers in the Unorganized Sector of Kerala

Abstract

Purpose: Kerala has seen a considerable influx of migrant workers from various parts of India in recent years. Kerala is an attractive job market for workers from outside the state because of higher earnings, plentiful employment options, and a scarcity of local labourers. The goal of this article is to look at the availability of casual migrant workers in Kerala's labour market as well as their impact on the state's economy. Also looked at how migrants' financial and social status improves as a result of migration. Design/Methodology/Approach: Descriptive Research was used in this study, which is focused on secondary data sources. Secondary data is gathered through books, newspapers, journals, articles, and government websites. Originality: The influences of migrant workers in the rationalization of the economy are discussed. Value: The study will aid in assessing the financial and social upliftment of migrant workers owing to migration by looking at the availability of migrant workers, labour force participation rate, worker population ratio, and wage rate. Findings: There has been a whopping increase in the number of migrant workers in the labour market of Kerala, it figured out that there were 4,12,849 migrants in 2001 and it soared to 31,50,000 migrants in 2020. It is mostly owing to increased job availability and high remuneration rates, which can be seen even in Kerala's unorganised industry. 60% of migrant workers are employed in construction, 8% in manufacturing, 7% in hotels and restaurants, 2% in trade and 2% in agriculture, with the remaining 23% engaged in other occupations. As a result of migration, people's quality of life increases. By educating people about different cultures, traditions, and languages, it enhances their social lives and encourages intergroup harmony, which in turn helps society as a whole. Paper Type: Descriptive study