The Government today said that the manufacturing sector will create around 3-4 million jobs during the 12th five year plan between 2012-17.
8220;Generation of employment is a function of economic growth.
8220;Approach paper to the 12th five year plan 2012-17 focuses on faster,sustainable and more inclusive growth for creating adequate livelihood opportunities. The approach paper estimates that the manufacturing sector will create around 3 to 4 million jobs over and above the pace of job creation in the recent past8221;,Minister of State for Personnel,Public Grievances and Pensions V Narayanasamy told Lok Sabha in a written reply.
The labour Bureau,Ministry of Labour and Employment has been conducting quarterly quick employment survey on changes in employment in selected sectors.
8220;As per the report for the 13th quarterly survey conducted during October-December 2011,additional new employment opportunities have been reported in different industries including Information Technology/Business Process Outsourcing sector in India8221;,he said.
The report said that IT or BPO sector has shown an increase of 19.80 lakh in employment during October 2008 and December 2011.