2030 non-farm job generation in India: Economic Survey 2023-24 targets 78.5 lakh jobs annually, emphasizing private sector role.

India's economy must generate 78.5 lakh jobs annually in non-farm sectors until 2030 to support its growing workforce, according to the Economic Survey 2023-24. The survey emphasizes the private sector's role in job creation, as corporate profits quadrupled between FY20 and FY23. The survey recommends enhancing existing schemes like PLI, MITRA Textile scheme, and MUDRA, and suggests facilitating job creation for workers transitioning from agriculture.

July 22, 2024
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