Implications of India's Employment Growth and Projections for FY24

Monday, 8 July 2024, 11:08

The RBI data disclosed a 6% increase in employment for India in the fiscal year 2024. This revelation comes in the wake of a recent Citibank report that suggests a growth rate near 7% may fall short in generating the necessary 11-12 million jobs for India, raising concerns over the employment deficit.
Business-standard
Implications of India's Employment Growth and Projections for FY24

India's Employment Growth Data

The RBI data reveals a 6% rise in employment for India in FY24.

Citibank Report Findings

The Citibank report indicates that a growth rate close to 7% might not suffice to meet the 11-12 million job demand in India.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe