Internal Labour Migration and Economic Sustainability in India

Abstract

Purpose: Economic sustainability denotes practices that foster enduring the growth of the economy while preserving the societal, ecological, and cultural dimensions of community life. Kerala has experienced a significant influx of migrant laborers from diverse regions of India in the past several years. Kerala presents an appealing marketplace for external workers due to elevated wages, abundant possibilities for work, and a deficiency of resident workers. This article's objective is to examine the labor market in Kerala and the effects of temporary migrant workers on the economic health of the state. Additionally, we examined how migration raises the societal and financial situation of migrants and how domestic labor flow can lead to financial stability.

Design/Methodology/Approach: This research, which relies on secondary sources of information, used descriptive research methods. Public and private organizations' websites, as well as scholarly publications, daily newspapers, and journals publications, are sources of secondary data.

Originality/Value: The study will facilitate the evaluation of the socio-economic advancement of migrant workers resulting from migration by examining the liquidity of migrant workers, workforce participation rate, labor population ratio, and the rate of pay.

Findings: Recruiting migrants helps to regulate the workforce availability in these fields and avert ambiguities resulting from manufacturing and   unoccupied positions. When it comes to industries that require labor, the monetary advantages of migration are especially noticeable. Migrants also fix marketplace breakdowns caused by ambiguity regarding manufacturing output. The study concludes that businesses are more likely to hire migrant workers to fill untrained open positions when they experience manufacturing hours lost due to job delays and halts.