State the various dimensions of deterioration in the quality of employment in India. Also examine the policy implications of slowdown in women's workforce participation rate.

The deterioration in the quality of employment in India has become a significant concern in recent years. Despite improvements in certain macroeconomic indicators, such as GDP growth, the quality of employment in the country has been adversely affected by several factors, leading to an increase in precarious jobs, income instability, and social security challenges. The various dimensions of this deterioration are as follows:

1. Rise of Informal Sector Employment: A substantial portion of employment in India is in the informal sector, which is characterized by a lack of social security, job stability, and workers' rights protection. The informal sector employs a large number of workers without formal contracts, social insurance, or retirement benefits. According to the National Statistical Office (NSO) reports, over 90% of India’s workforce is employed in the informal sector, leading to job insecurity, low wages, and limited access to basic services like healthcare and pensions.

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