Employment in India: Uneven and Weak
CRISIL Research, India’s largest independent and integrated research house, finds that India needs at least 55 million additional jobs by 2015 to maintain the current ratio of employed people to total population at 39 percent. This would be nearly twice the jobs created during 2005-2010. If we factor in the number of people retiring or losing their jobs by 2015, new jobhires will have to exceed 55 million. Achieving this will pose an overwhelming challenge without appropriate policy support. Th
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