New Delhi: Union Minister of State for Labour and Employment Shobha Karandlaje announced in the Lok Sabha that employment in India increased by around 17 crore over the past decade, as reported by news agency IANS. According to the latest data from the Reserve Bank of India (RBI), employment rose to 64.33 crore in 2023-24, up from 47.15 crore in 2014-15.
Karandlaje referred to the KLEMS (Capital, Labour, Energy, Materials, and Services) database, which provides nationwide employment estimates, to support her statement. She also highlighted that the Periodic Labour Force Survey (PLFS), conducted by the Ministry of Statistics and Programme Implementation (MoSPI) since 2017-18, serves as the official data source for employment and unemployment figures.
The data shows an increasing trend in the worker-population ratio (WPR) and a decreasing unemployment rate over the years. The National Career Service (NCS) portal (www.ncs.gov.in) offers job search, career counseling, vocational guidance, and information on skill development and internships. As of July 30, the NCS platform has over 30.92 lakh employees and more than 20 lakh active vacancies.
Also Read: Number Of Medical Colleges Nearly Doubles To 731 Since 2014, UG Seats Rise By 118%: JP Nadda
In the 2023-24 fiscal year, the NCS portal posted 1.09 crore vacancies, bringing the total number of vacancies mobilized since its launch in 2015 to over 2.9 crore. The government prioritizes employment generation and employability, implementing various schemes through ministries such as Micro, Small and Medium Enterprises, Rural Development, Housing and Urban Affairs, Finance, Textiles, and Electronics and Information Technology.
Key programmes include the Prime Minister's Employment Generation Programme (PMEGP), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), and Pradhan Mantri Mudra Yojana (PMMY).
Additionally, the 2024-25 Budget introduced a Prime Minister's package with five schemes aimed at providing employment, skilling, and other opportunities to 4.1 crore youth over five years, with a central allocation of Rs 2 lakh crore.
Education Loan Information:
Calculate Education Loan EMI