Modi says formal, informal sectors creating jobs after employment criticism

India's economy has been expanding by 7 per cent plus annually, but uneven growth has meant that new jobs are not keeping pace

The country's informal and formal economies are creating jobs, said Prime Minister Narendra Modi on Thursday, rejecting criticism that he has failed to create employment — a key promise of his government. 

Modi told Parliament that professionals like chartered accountants (CAs), cab aggregators and transporters were creating jobs.

"In the last four years, 6.35 lakh (635,000) new professionals have come up. You think if a doctor opens a clinic or a nursing home then he will employ only one person? Or does a CA only employ one person? No," he said.

"If we talk about the informal economy, in the