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

BusinessUS Fed keeps rates unchanged at 4.25-4.50%; Powell says tariff expectations eased since April peak

BusinessRBI's Cash Reserve Ratio cut to boost credit growth by 1.4 to 1.5 per cent: SBI Report

InternationalTrump shifts away from claims of having 'stopped' war between India, Pakistan

InternationalTaiwan detects Chinese military activity near its territory

InternationalHurricane Erick Intensifies to Category 3, Threatens Southern Mexico with Torrential Rains and Damaging Winds

Technology Realted Stories

TechnologyAir India to cut international flights on wide body aircraft by 15 pc

TechnologyKarnataka security guard held for uploading nude videos, 13,500 obscene images found on phone

TechnologySAIL beefs up Indian Navy’s INS Arnala with special steel

TechnologyFM Sitharaman urges fintechs to look beyond cities, tap into rural India's potential

TechnologyMedia report on RBI scrutiny unverified and malicious: Standard Chartered Bank