RBI Report Unveils India's Employment Growth Soars to 6% in FY24
Tuesday, 9 July 2024, 05:38
India's Employment Growth Accelerates
India witnessed a substantial increase in employment growth from 3.2% in FY23 to 6% in FY24, resulting in the creation of 46.7 million jobs.
RBI Report Findings
- 6% employment growth in FY24
- 46.7 million new jobs
- Total employment at 643.3 million
This growth is in contrast to Citibank's warning regarding potential job shortages despite the anticipated 7% GDP increase.
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.