Recent RBI Data Reveals Positive Employment Trends, Registers 3.31% Growth in 27 Sectors

Monday, 8 July 2024, 15:41

The latest data from the RBI indicates a 3.31% year-on-year increase in employment across 27 sectors for 2022-23. This growth contrasts with previous projections, with a Citibank report suggesting a shortfall in job creation compared to demand in India. The government's response to the report highlighted discrepancies and emphasized the need for a comprehensive analysis of official data sources.
Businesstoday
Recent RBI Data Reveals Positive Employment Trends, Registers 3.31% Growth in 27 Sectors

RBI Data Reveals Positive Employment Trends

The release of the data indicates a 3.31% YoY growth in employment across 27 sectors.

Citibank Report Projection

The Citibank report suggested a shortfall in job creation compared to demand in India, raising concerns.

Government's Response

The government rebuttal emphasized the need for comprehensive analysis of official data sources to address discrepancies.


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.


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