Can India be a ‘developed nation’ without quality jobs?
GDP growth and manufacturing push have not produced adequate quality jobs for decades
GDP growth and manufacturing push have not produced adequate quality jobs for decades
Out of 13.40 lakh members added during the month, around 7.58 lakh new members have come under the ambit of EPFO for the first time.
Manufacturing accounted for the highest share in employment among major formal sectors, followed by education, IT/BPOs, health, trade, and transport.
The BPO and ITES industry posted a strong 11% growth in hiring demand.
The age group of 22-25 years registered the highest number of net enrolments with 3.64 lakh additions.