New Delhi: India has found a place among the industrialised economies, including US and EU nations, for accelerated labour productivity, according to a recent report of the International Labour Organisation (ILO).

In its Key Indicators of the Labour Market (KILM), ILO, however, said the overall growth in agricultural productivity was not enough, calling for growth in productivity and employment to reduce poverty.

"Growth in productivity per person employed in the world as a whole accelerated from 1.5 per cent during the first half of the 1990s to 1.9 per cent in the second half. Most of this growth was concentrated in industrialised economies (US and some EU countries), plus some in Asia (China, India, Pakistan and Thailand," the ILO report said.

The biennial KILM measured productivity as annual output per person employed and average output per hour worked.

It, however, said the estimates of output per hour worked were less than output per person employed when compared across countries because the measure of hours varied "significantly".

Analysing the 20 key parameters, including employment, unemployment, underemployment, hours worked, types of economic activity and labour productivity, it said people in the Asian continent worked more than their counterparts in the developed world.

PTI