Job growth in IT drops, negative in telecom: CARE

IT sector is the largest job provider in corporate India with 22.7% of the employment pie

Growth of employment in IT sector dropped to 2.6 per cent over the last financial year compared to 6.7 per cent last year, said a CARE report on employment growth in organised sector this week. IT sector is the largest job provider in corporate India with 22.7 per cent of the employment pie. 

Telecom fell from 3.6 per cent employment growth last year to a negative growth of 6.8 per cent. Telecom numbers, however, do not include employment contribution of Reliance Jio since it is not a listed company. 

“IT business in India is linked to industry and service sector. Growth has