Around 10 million jobs need to be added annually between 2024-25 and 2029-30 for India to maintain an average gross value added (GVA) growth of 6.5% year-on-year, according to a report released on Wednesday.
In comparison, an average of 8.5 million jobs were generated each year from Over the past 23 years, around 196 million jobs were created, with nearly two-thirds of these generated between 2012-13 and 2022-23, according to the report titled ‘What is driving job growth? – Navigating through sectoral shifts in Indian labour markets,’ by Goldman Sachs.
