3.3lakh jobs created in India in three years, shows survey

0
41

Only 3.32 lakh new jobs were created in the Micro, Small and Medium Enterprises (MSME) sector in last four years, beginning from 2015-16, a new survey by industry body Confederation of Indian Industries (CII) shows.

This contrasts with the claim of the central government that 11.54 lakh jobs were created in the sector in the three year period.

The survey, which covered more than one lakh companies, looked into the net job creation. Maharashtra, Gujarat, and Telangana — accounted for more than half of the jobs created between 2015-16 to 2018-19.

The survey also showed that 73% of the jobs were created by micro-enterprises, and 23% in small enterprises and 70,941 firms were responsible for the 13.9% increase.

While the hospitality & tourism sector accounted for 12% of the jobs, the textiles & apparels and metal products sectors each contributed about 8% to job creation.

It said that 5,70,804 jobs are expected to be created over the next year.

SHARE

LEAVE A REPLY

Please enter your comment!
Please enter your name here