Budget 2014 Promises To Create 5-8 Million Jobs In 3-4 Years

NEW DELHI: With the government putting strong emphasis on job creation, experts today said measures proposed in the union budget can help create 5-8 million jobs in next 3-4 years across various sectors.

"India today needs a boost for job creation. Our manufacturing sector in particular needs a push for job creation," Finance Minister Arun Jaitley said.

Human resource experts welcomed the budget and believe the sectors that are likely to see an immediate job creation are infrastructure, transport, power, consumer goods, e-commerce, startups and tourism.

"The early indications looks like this budget is pro- reforms and growth focused with a clear long-term strategy for getting back the growth momentum. I expect the budget to have a positive impact on the job market," leading job portal Naukri.Com Executive VP and National Head Sales V Suresh said.

Jaitley further said growth in infrastructure and construction sectors is necessary to revive the economy and generate jobs for millions of our young boys and girls.

Manufacturing sector is of paramount importance for the growth of our economy and this sector has multiplier effect on creation of jobs and announced various incentives to facilitate investments in the sector, Jaitley added.
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Source: PTI