Job Creation In India

Govt approves 7 projects worth ₹5,532 cr under ECMS, to create 5,000 jobs

Notably, Tamil Nadu accounts for five of the seven projects, while Madhya Pradesh and Andhra Pradesh account for one each

CII seeks framework to position India as hub for innovation-led GCCs

The Confederation of Indian Industry (CII) on Sunday suggested a framework for a National Global Capability Centres (GCC) Policy, that can position the country as the global headquarters for innovation-driven GCCs, generate 20-25 million jobs and contribute up to USD 600 billion in economic impact. The framework for National GCC Policy, encompasses the setting up Digital Economic Zones, deepening industry-academia partnerships and establishing a GCC Council for inter-ministerial coordination and centre-state alignment. The implementation of the National GCC Policy framework, alongside the Model State Policy, can double India's GCC footprint by 2030, and make India the world's premier architect of enterprise innovation, the industry lobby argued. It has been proposed in the Union Budget 2025-26 that a National Framework will be formulated as guidance to states for promoting Global Capability Centres in emerging tier II cities. The framework suggested by CII calls for clear performan

Official India jobless data not accurate, say top economists: Poll

India is the world's fastest-growing major economy at an annual rate of 7.4% in the January-March quarter, but so far growth has failed to create enough well-paying jobs for millions of young people

Festive hiring likely to generate 216,000 seasonal jobs in 2025: Report

India's festive season is expected to generate over 2.16 lakh seasonal jobs in the second half of 2025, marking a 15-20 per cent year-on-year increase in gig and temporary employment, a report said on Wednesday. The rise in festive hiring is being driven by sectors, including retail, e-commerce, BFSI, logistics, hospitality, travel, and FMCG, workforce solutions firm Adecco India said in the report. Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season. Many companies are advancing their hiring cycles to stay ahead of demand and ensure operational readiness for what is expected to be a stronger-than-usual festive period. This year's hiring uptick is being driven by improved consumer sentiment, a favourable monsoon boosting rural demand, post-election economic optimism, and aggressive seasonal promotions, the report stated. This report on hiring in seasonal jobs is based on data of Adec

Govt asks states to align job schemes with ₹99,446-cr ELI programme

Union Labour Minister urges state-level integration with Employment Linked Incentive scheme, aimed at creating 35 million formal jobs over two years

PM Modi highlights job creation through welfare, manufacturing push

Prime Minister Narendra Modi on Saturday emphasised his government's focus on generating employment in the public and private sectors, asserting that the country has progressed in every field in the past 11 years. In a virtual address after the distribution of over 51,000 appointment letters, he said his government's welfare schemes, be it building over 4 crore houses for the poor, distributing over 10 crore new LPG connections or the rooftop solar programme, have created lakhs of new employment opportunities and so have a host of other initiatives that led to growth in manufacturing sector. Speaking of his recent five-nation tour, he said the whole world now recognises the strength of India's demography and democracy. The ability of India's youth is its biggest capital and a guarantee of the country's bright future, he added. He said, "The world acknowledges today that India possesses two infinite powers. One is demography, the other is democracy. In other words, the largest youth

PM Modi urges stakeholders to invest in people, innovation to create jobs

Prime Minister Narendra Modi on Wednesday urged all stakeholders to come together and invest in people for skill development, nurturing talent and promoting innovation which are essential for job creation and boosting the economy. Participating in post-Budget webinar on employment, Modi said the government has provided skill training to 3 crore youth since 2014 and decided to upgrade 1,000 ITIs and set up five centres of excellence. He stated that capacity building and talent nurturing act as a foundation stone for national development and in the next phase of growth, greater investment in these sectors is essential. "The vision of 'investment in people' stands on three pillars -- education, healthcare, and skill development," he said adding that today, India's education system is undergoing a transformation. All stakeholders must come forward, as they are key to the success of the Indian economy, he said. The prime minister said India is the fastest-growing major economy in the w

Budget2025: Invest in infra, startup, EdTech to create jobs, say experts

The government should provide investments and incentives in infrastructure, hospitality, startup ecosystem, EdTech and MSME sectors in the General Budget to boost employment and skill development, say industry experts. Finance Minister Nirmala Sitharaman will present the General Budget 2025 in the Lok Sabha on February 1. On expectations from the forthcoming budget, Noormahal Group CMD Manbeer Choudhary said the hospitality sector in India plays a crucial role in job creation and is one of the largest contributors to the economy. The Union Budget 2025 could be pivotal in enhancing the industry and significantly contributing to the vision of a USD 3 trillion tourism GDP by 2047, he added. Choudhary stated that one of the longing demands is granting industry status to the hospitality sector, as this recognition could lead to improved access to finance, regularised policies, and a more strategic approach to tourism development. The special allocation for infrastructure development, .

Opposition slams govt over slow growth, high inflation, job crisis

Opposition members on Monday flagged the low economic growth rate of 5.4 per cent in the second quarter of current fiscal and sought to know from the Finance Minister what steps the government is taking to boost growth, control inflation and create jobs. Participating in the debate on Supplementary Demands for Grants in the Lok Sabha, TMC member Sougata Ray said the government is caught in "pincer movement" of whether to push growth or control inflation and the economy is not in a "fair shape". "There is a typical crisis in the economy. The crisis is our growth projection for Q2 slipped to 5.4 per cent. This is very damaging to the economy and there is a sharp slowdown in the manufacturing sector," Ray said. He also alleged that former RBI Governor Shaktikanta Das had to leave the Reserve Bank because he did not heed to the demand of Finance Minister Nirmala Sitharaman to cut interest rate. Instead, Das decided to focus on containing inflation. "There was a dispute between the Fina

Here's how India is sacrificing its growth and why it needs to stop

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Services PMI falls marginally to 58.4 in Nov, job creation improves

Business confidence leads to 'hiring surge' as input costs rise to the 'greatest extent' in 15 months

6 million new job cards issued under MGNREGS every year, Centre tells LS

Sixty lakh new job cards are issued under the MGNREGS on average every year and the government has no role in the deletion of the job cards which is done based on various parameters, the Centre said on Tuesday. Minister of State for Rural Development Chandra Sekhar Pemmasani told the Lok Sabha that 57 per cent of the rural development budget is allocated for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and asserted that Aadhaar-seeding of the cards enhances transparency. He was responding to Congress leader K C Venugopal, who claimed that the names of 10.43 crore MGNREGS workers have been deleted in the last four years. Venugopal also wanted to know whether the deletions were linked to the Aadhaar-seeding requirement. "Ninety-nine per cent of all job card holders have Aadhaar seeding. Aadhaar seeding is nothing but to increase transparency. It is not an obstacle," the minister said during the Question Hour. According to Pemmasani, the deletion of job car

New cottage and rural industries policy to create 1.2 mn jobs in Gujarat

The Gujarat government announced on Wednesday its new cottage and rural industries policy, offering higher loans and subsidies to artisans and entrepreneurs to set up units in the state. Minister of Cottage Industries Balwantsinh Rajput, who unveiled the policy in Gandhinagar, said it will facilitate the creation of nearly 12 lakh jobs over five years. The new policy was introduced after the five-year validity of the previous scheme ended, an official release said. The New Cottage Policy 2024, which will remain in force for five years, aims to develop a self-sustaining cottage industry sector and open the doors of local and international markets for artisans, the minister said. Under the policy, the state will work towards the availability of credit and market support to artisans and focus on infrastructure, skill, technology upgrades and innovation, Rajput said. To encourage new industries and businesses, the state government has increased the maximum loan amount under this schem

Digital growth to create 100k new fiber tech jobs in India in five years

Rapid digital expansion, including broadband and 5G network is expected to create around 1 lakh new job opportunities in fiber installation, maintenance, and repair segments in the next five years, according to TeamLease Services Chief Strategy Officer Subburathinam P. The India Telecom Market is estimated at USD 48.61 billion in 2024, and is expected to reach USD 76.16 billion by 2029, growing at an annual rate of 9.40 per cent and as of 2023, about 7,00,000 kilometers of optical fiber cable has been laid across the country, significantly contributing to the expansion of digital infrastructure, he told PTI. "The annual growth rate of employment in the fiber optic technician segment is largely driven by the rapid expansion of broadband and 5G networks in India. As the government and telecom operators focus on expanding fiber infrastructure, the demand for fiber technicians is expected to grow significantly," Subburathinam said. The increasing fiberisation of telecom towers is expect

Here's why South should worry about bringing more people, not more babies

Thankfully, neither Stalin nor Naidu is proposing regressive policies in order to push the birth rate back up. What the two leaders should do is think more closely about why exactly they're so worried

Can India revive its manufacturing sector and create millions of jobs?

India needs nuanced policies, investment, and scale to unlock its manufacturing potential, writes Ajay Shankar

States stress on timely reporting of information on employment, job fair

States' representatives on Friday suggested timely and regular reporting of employment and job fair details to the National Career Services portal to boost job creation. Union Minister of State for Labour & Employment Shobha Karandlaje chaired a crucial regional meeting with six states/UTs -- Karnataka, Tamil Nadu, Telangana, Kerala, Puducherry, and Andaman & Nicobar Islands -- in Bengaluru today, a labour ministry statement said. This marks the first in a series of six regional meetings planned by the Ministry of Labour and Employment with all states/UTs, emphasising the spirit of cooperative federalism. The meeting focused on discussions around labour reforms, the eShram Portal, Building & Other Construction Workers (BoCW), and boosting employment generation, reflecting the government's commitment to inclusive development and welfare of all sections of the workforce. During the meeting, the states pointed towards the timely and regular submission of employment returns ...

Need frequent data on job creation, says CEA V Anantha Nageswaran

Currently, MoSPI releases labour force data for urban areas in the form of PLFS quarterly, while for rural areas it is brought out annually

Global capability centre industry to boost job creation in India: Report

With India emerging as the hub of Global Capability Centres, a report on Saturday revealed that 78 per cent professionals expect the GCC sector to become a catalyst for creating jobs, particularly benefiting temporary workforce in the country. A majority of 78 per cent foresee GCCs as catalysts for creating new job opportunities, particularly benefiting gig workers and the temporary workforce in India, said a report by HR Services and Workforce Solutions provider Genius Consultants. This optimism about job creation reflects a positive outlook on GCCs' potential to diversify and expand employment avenues in the evolving job market, the survey stated. The report on GCCs and their potential impact on the Indian industrial market is based on an analysis of inputs from 1,033 professionals. Almost all the respondents agreed on the pivotal role that GCCs play in advancing the adoption of cutting-edge technologies such as Artificial Intelligence (AI), cloud computing, and Internet of Thing

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty

Focus of Budget 2024 is not restricted to railways, defence and infra, but expands to manufacturing and employment to aid human capital growth, said Citigroup MD at 'Budget with BS: The Fine Print'