India needs 100 mn jobs in the next decade for country's growth: Report

1. India needs 100 mn jobs in the next decade for country's growth- Report India needs 100 mn jobs in the next decade for country's growth- Report India will need to increase its labour force participation rate by providing greater opportunities to its working population especially women India needs to create around 100 million new employment opportunities over the coming decade as it looks to encash its demographic surge as rise in employment can help accelerate the country's growth potential and make it inclusive, says a report. PwC's Strategy& report, 'Nagarik: Inclusive growth through large-scale employment generation', highlighted practical ways of raising employment across the country over the coming decade and noted how connecting local resources of the country's smaller districts to markets can lead to large scale employment generation. "...over the coming decade, we need to create employment opportunities equivalent to the population of five Australias. This is one of the most critical agenda items facing the country which, if tackled with foresight and energy, can help accelerate our growth and make it inclusive," the report noted.

2. As per the report, India will need to increase its labour force participation rate (LFPR) by providing greater opportunities to its working population especially women. "Nagarik is a platform that puts the citizen at the centre of the employment generation equation. It convenes private sector participants for market and finance connect, with government acting as a catalyst and enabler," said Shashank Tripathi, Partner and Leader - Strategy&. Read our full coverage on Jobs in India Here – BUSINESS STANDARD / BS