India Generates 15-16 Lakh Formal Sector Jobs Every Month: Union Minister

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“From April to August, an average of 15-16 lakh jobs were generated every month”: Ashwini Vaishnaw

New Delhi:

Citing data from the Employees Provident Fund Organization, Union Minister Ashwini Vaishnaw said an average of 15 to 16 lakh formal sector jobs are created every month in India.

“In April, May, June, July and August, an average of 15 to 16 lakh jobs were generated every month in the country. The data is available on the EPFO ​​and Ministry of Statistics websites,” said Union Minister for Railways, Communications, Electronics and Information Technology Mr Vaishnaw on Tuesday. , while addressing the “Rozgar Mela” in Ajmer, organized by the Central Reserve Police Force (CRPF). .

Provisional payroll data of the Employees Provident Fund Organization (EPFO) released last week showed that it added 16.82 lakh net subscribers in the month of September 2022, representing a 9.14% increase in net membership compared to the corresponding month of last year. .

The Ministry of Labor and Employment said the payroll figures by state highlight that a monthly upward trend in the net addition of members was seen in the states of Maharashtra, Gujarat, India. ‘Uttar Pradesh, Rajasthan, Andhra Pradesh, Odisha and others.

Compared to the monthly average recorded during the last fiscal year, the net number of registrations during the month is 21.85% higher.

In line with the Job Center push under the Rozgar Mela, Prime Minister Narendra Modi had so far distributed about 146,000 appointment letters to new recruits.

The Rozgar Mela is expected to act as a catalyst in the creation of additional jobs and provide young people with meaningful opportunities for their empowerment and direct participation in national development.

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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