News: Policy push to add 69 mil non-agriculture jobs

Strategic HR

Policy push to add 69 mil non-agriculture jobs

Although the new government has undertaken measures that generate employment, a comprehensive 'pro-jobs policy' will help add 69 million non-agriculture and 11 million manufacturing jobs by 2020, credit rating agency Crisil said today. "The government needs to take more steps towards pro-jobs policy to structurally alter the country's employment profile," Crisil said in a report. "This involves, among other reforms, easing labour market rigidities, building world-class physical infrastructure and alleviating power shortage. This can add 69 million jobs in the non-agriculture sector and 11 million manufacturing jobs by 2020," it added.

Although the new government has undertaken measures that generate employment, a comprehensive 'pro-jobs policy' will help add 69 million non-agriculture and 11 million manufacturing jobs by 2020, credit rating agency Crisil said today. "The government needs to take more steps towards pro-jobs policy to structurally alter the country's employment profile," Crisil said in a report. "This involves, among other reforms, easing labour market rigidities, building world-class physical infrastructure and alleviating power shortage. This can add 69 million jobs in the non-agriculture sector and 11 million manufacturing jobs by 2020," it added.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #National

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