The_Sidewinder
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NEW DELHI: The Narendra Modi
government's sharp focus on
employment generation through
Make in India and Skill India
initiatives appears to have paid off,
with India adding more than double
the number of jobs between July and
December 2014 compared to the
corresponding period of the previous
year. According to a labour ministry
survey released on Wednesday, 2.75
lakh jobs were created in eight key
sectors during the six months, an
increase of 118 per cent over 1.26
lakh jobs created in the year-ago
period.
The number of jobs created in the
October-December quarter at 1.17
lakh was, however, less than 1.58
lakh jobs created in the previous
quarter or 1.82 lakh jobs created in
the April-June quarter.
Accelerating job creation in the
country is one of the 10-point
economic agenda of the BJP-led NDA
government unveiled by President
Pranab Mukherjee in June, days after
the government assumed charge on
May 26. The major objective of Make
in India campaign is to focus on 25
sectors of the economy for job
creation and skill enhancement.
Besides, the new government set up
a dedicated skill development
ministry to focus on imparting skills
to millions of youth in the country to
make them employable. It is
estimated that 12 million youth
enter the country's workforce each
year and over 5 per cent of this are
skilled workforce "There is certainly
an upswing in the number of jobs
created in the country. But that is
largely because of improvement in
sentiments and the huge optimism
around the initiatives of the new
government. However, the real test
is now and it is time that the
government actually took steps to
execute some of its labour related
initiatives so as to sustain the
momentum," said Rituparna
Chakraborty, president of the Indian
Staffing Federation.
The 24th quarterly survey, conducted
by labour ministry, covered 2,077
sample units across eight selected
sectors that included apparels,
leather, metals, automobiles, gems &
jewellery, transport, IT/BPO and
handloom/powerloom. As per the
survey, IT/BPOs led the sectors in
job creation, with 89,000 new jobs,
followed by 79,000 jobs created in
textile and apparels and 1,000 in
leather sector.
"While employment of direct workers
went up by 1.01 lakh, hiring of
contract workers was up by 16,000
during the quarter ended December,
2014 and a significant portion of the
workforce were employed in units
catering to the domestic market with
employment in non-exporting units
higher by 82,000 while number of
people employed in exporting units
up by 35,000 during the October-
December quarter," the survey said.
India created 59.9 million jobs
during the previous BJP rule
between 1998 and 2004.
Between 2004-05 and 2009-10, the
country created just 1.1 million jobs
and during 2009-10 and 2011-12,
13.9 million new jobs were added.
Job creation increased by 118 per cent in July-December 2014: Survey - The Economic Times
government's sharp focus on
employment generation through
Make in India and Skill India
initiatives appears to have paid off,
with India adding more than double
the number of jobs between July and
December 2014 compared to the
corresponding period of the previous
year. According to a labour ministry
survey released on Wednesday, 2.75
lakh jobs were created in eight key
sectors during the six months, an
increase of 118 per cent over 1.26
lakh jobs created in the year-ago
period.
The number of jobs created in the
October-December quarter at 1.17
lakh was, however, less than 1.58
lakh jobs created in the previous
quarter or 1.82 lakh jobs created in
the April-June quarter.
Accelerating job creation in the
country is one of the 10-point
economic agenda of the BJP-led NDA
government unveiled by President
Pranab Mukherjee in June, days after
the government assumed charge on
May 26. The major objective of Make
in India campaign is to focus on 25
sectors of the economy for job
creation and skill enhancement.
Besides, the new government set up
a dedicated skill development
ministry to focus on imparting skills
to millions of youth in the country to
make them employable. It is
estimated that 12 million youth
enter the country's workforce each
year and over 5 per cent of this are
skilled workforce "There is certainly
an upswing in the number of jobs
created in the country. But that is
largely because of improvement in
sentiments and the huge optimism
around the initiatives of the new
government. However, the real test
is now and it is time that the
government actually took steps to
execute some of its labour related
initiatives so as to sustain the
momentum," said Rituparna
Chakraborty, president of the Indian
Staffing Federation.
The 24th quarterly survey, conducted
by labour ministry, covered 2,077
sample units across eight selected
sectors that included apparels,
leather, metals, automobiles, gems &
jewellery, transport, IT/BPO and
handloom/powerloom. As per the
survey, IT/BPOs led the sectors in
job creation, with 89,000 new jobs,
followed by 79,000 jobs created in
textile and apparels and 1,000 in
leather sector.
"While employment of direct workers
went up by 1.01 lakh, hiring of
contract workers was up by 16,000
during the quarter ended December,
2014 and a significant portion of the
workforce were employed in units
catering to the domestic market with
employment in non-exporting units
higher by 82,000 while number of
people employed in exporting units
up by 35,000 during the October-
December quarter," the survey said.
India created 59.9 million jobs
during the previous BJP rule
between 1998 and 2004.
Between 2004-05 and 2009-10, the
country created just 1.1 million jobs
and during 2009-10 and 2011-12,
13.9 million new jobs were added.
Job creation increased by 118 per cent in July-December 2014: Survey - The Economic Times
