Labour and Employment Minister Bandaru Dattatreya said on Monday that the government’s initiatives will lead to creation of one crore jobs by next year.
“I agree, in the last two years, the (labour) policy decisions were delayed but now after framing these policies, we will activate them and definitely employment generation will improve. By next year, the NDA government will generate employment for a minimum of one crore people in the country,” Mr. Dattatreya said, addressing the All Indian Organisation of Employers (AIOE). Employment generation slowed to a six-year low in 2015 – with just 1.35 lakh new jobs being created in eight labour-intensive industries, the lowest since 2009.
The minister emphasised that the size of technically skilled workforce in India is very small compared to Japan, China and Germany and the government is focussing on providing skills to the workers.
Two years’ lapse“Even after two years’ lapse and considerable discussion, the government has not been able to push through major labour law reforms, proving to be a stumbling block to industrialisation and employment generation ,” said Sanjay Bhatia, President, AIOE.
