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Job growth not in tandem with GDP: Report

17-20 mn jobs need to be created every year, says CII

job growth, GDP, job
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The report suggested strengthening network of small enterprises, clusters, introduction of life-long learning systems, social security and technology as enablers to improve job creation in the country

Amritha Pillay Mumbai
The growth seen in India’s gross domestic product (GDP) has so far not helped job opportunities grow at a similar rate, according to experts and officials from various sectors.
“GDP growth levels and new job creation in India have not been growing at the same rate,” Rajiv Lall, managing director and chief executive officer, IDFC Bank, said at the Confederation of Indian Industry (CII) conference on ‘Future of Jobs in India’ in Mumbai.
 
However, according to CII, if the right steps were to be considered, job creation in the country could help drive GDP growth.
 
Jamshyd N Godrej,