Business

Big Boost To Modi Govt: #RecordJobCreation At 7-Year High, India Back On Growth Track

HARSH RANJAN | 0
4730
| January 19 , 2019 , 11:58 IST

Prime Minister Narendra Modi has asked his team to figure out how many jobs were created in the four years of his government.

Ministries have been instructed to come up with a detailed note on the projects and programs undertaken by them and calculate the jobs they helped generate, according to people familiar with the matter.

They were also asked to measure the impact of various programs on GDP growth.

The results of this analysis are quite impressive for the BJP government as it has created a large number of employment services in almost every sector.

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) of the Ministry of Skill Development and Entrepreneurship (MSDE) placed 3.16 lakh candidates under government employment scheme, within two years of its launch in 2016.

PM Narendra Nodi in Lok Sabha said "Many lies are being spread over an issue of unemployment in India. Again, there is an attempt to trample the truth. No information, & opposition is just making baseless talks."

"Govt of India's great idea Startup India Scheme is not only to help new entrepreneurs in setting up business but also to drive job potential," PM added.

1-crore employees benefitted! PMRPY, scheme generating new employment by incentivising employers, crossed 10-million mark. 3.16 lakh candidates placed under government employment scheme.

PM said "If we talk about the informal sector, many people get employment in the transport sector. Last year, 7,60,000 commercial vehicles were sold.

Nearly 1.2 Crore Jobs Created CSO has released a report on employment outlook covering the period September 2017 to June 2018. It is based on the administrative records available with selected government agencies (EPFO, ESIC and PFRDA)

A confident note on higher job creation due to a number of manufacturing units, credit to Modi led Govt of India's initiatives. Telecom sector to create 10 million jobs in next 5 years: Telecom Sector Skill Council.

PM Modi’s stance on Khadi has made all the difference for the sector Sales have doubled, production has risen to ₹1,500 crore from ₹880 crore. KVIC has created 18,39,887 jobs from 2014 till 2018“

Fifth generation combat aircraft to replace HAL's Tejas is expected to be made in Coimbatore. Another step leading to more jobs by Modi Govt. Tamil Nadu to build India’s next generation defence aircraft.

ALSO READ: What Has NDA Done For Development and Job Creation? : P Chidambaram

Employment creation is a top priority for Modi as he prepares to seek re-election early next year.

Modi’s instructions to his ministerial colleagues also include ranking the top five districts that have benefited the most from government programs and studying improvement in the ease of living of citizens.