City
Epaper

Startups, Global Capability Centres created 8 cr jobs in India in 5 years: Labour Secy

By IANS | Updated: July 6, 2024 10:15 IST

New Delhi, July 6 Global Capability Centres (GCCs) and startups have emerged as major players in creating jobs ...

Open in App

New Delhi, July 6 Global Capability Centres (GCCs) and startups have emerged as major players in creating jobs in India.

Together, these created about eight crore new jobs in the last five years, said Sumita Dawra, Secretary, Ministry of Labour and Employment.

Dawra said this at an event held in the national Capital by the Confederation of Indian Industry (CII) and Employers’ Federation of India (EFI), citing the Periodic Labour Force Survey (PLFS).

She also revealed the reforms such as decriminalisation of labour laws, and increasing female workforce participation, undertaken by the ministry for ease of doing business.

She noted that reforms such as social security and labour welfare are expected to drive inclusive growth in India.

In addition, “29 labour laws had been codified into four labour laws. A national career service portal is active and data from the Skills Ministry is being integrated”, Dawra said.

Further, she added that India “has about 1 crore gig workers and the gig economy is expected to give employment to about 2.4 crore people by 2030.”

Meanwhile, the government has also constituted a task force to study the impact of Artificial Intelligence on the future of work, the senior official said, calling for more research.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPakistan's leadership missing in action as climate emergencies escalate

NationalFarmers urge TN govt to delay regulated irrigation as low storage threatens standing crops

EntertainmentHarmanpreet Kaur turns showstopper for Pranav Kirti's special showcase on 'Sierra Brand Day'

EntertainmentShruti Haasan Steals the Show at Globetrotter Event in Hyderabad

NationalHM Amit Shah to chair Northern Zonal Council meeting in Faridabad tomorrow

Business Realted Stories

BusinessIndia stands out; emerging markets to outperform global equities over next decade: Goldman Sachs

BusinessCommerce Secy reviews India-Eurasian Economic Union FTA negotiations in Moscow

BusinessCommerce Secretary Rajesh Agrawal holds talks on India–Eurasian FTA in Moscow

BusinessIndia’s youthful energy and Korea’s technology a win-win combination: Hardeep Puri

BusinessEight of India’s top 10 firms add over Rs 2 lakh crore in value last week