India's Job Market Flourishes with Over 80 Million New Positions Created in Four Years

Monday, 8 July 2024, 12:35

The Ministry of Labour and Employment released data showing a significant rise in employment rates in India, with over 80 million jobs generated from fiscal year 2018 to fiscal year 2022. This accomplishment highlights the success of government programs designed to stimulate job growth across different sectors, averaging over 20 million new jobs annually. The report, based on findings from the Periodic Labour Force Survey and the KLEMS data from the Reserve Bank of India, underscores the positive impact of employment-focused initiatives in the country.
Economictimes
India's Job Market Flourishes with Over 80 Million New Positions Created in Four Years

India's Job Market Growth

India has seen a remarkable surge in job creation, with over 80 million new positions added between FY'18 and FY'22.

Government Initiatives

  • Policy Impact: Various government programs have played a crucial role in enhancing employment opportunities.
  • Annual Averages: The data indicates an average of over 20 million new jobs introduced each year.

The Ministry of Labour and Employment's latest announcement confirms the positive outcomes of these efforts, reflecting a thriving job market in the country.


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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