58 mn more jobs by 2012 : Labour Minister
December 07, 2010             Category : Careers & Training

Labour Minister Harish Rawat says the government is confident of creating 58 million additional jobs by the end of the 11th Five Year Plan in 2012 thanks to the smart recovery in the farm sector and its resultant impact on the rural economy.

 

"Agriculture has responded very positively. With economy poised to grow at nine percent in this fiscal year, we will be able to meet the target," Rawat told IANS in an interview, adding his assessment was that the country now was mid-way in realising the target.

 

"I can't say there will be zero unemployment, but it will stay in control," he said. "The real position will be known after data on employment and unemployment is released by the National Sample Survey Organisation."

The gross domestic product (GDP) climbed 8.9 percent each in the first two quarters.

 

Rawat said the 10th Five Year Plan target of creating 50 million additional jobs fell short by three million due to a shortfall in fresh employment in sectors like manufacturing, transport, tourism and agriculture.

 

As per the report on the employment and unemployment survey released by the labour ministry in October, the unemployment rate in India was 9.4 percent last fiscal. In the rural areas the unemployment rate was 10.1 percent and in the urban areas 7.3 percent.

 

He said 37 million people were currently registered with employment exchanges.

 

"The exchanges should not only serve as points of registration for people seeking jobs but also provide counselling. The government is planning steps to make them a platform for employers to post their vacancies and get information on available skillsets .

 

Source
The Economic Times

 

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