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India needs to create 78.5 lakh non-farm jobs by 2030 to cater to rising workforce: Economic Survey

By Economic Times - 4 months ago
The Economic Survey 2023-24 highlighted India's need to create 78.5 lakh non-farm jobs by 2030, focusing on existing schemes like PLI and MITRA Textile to generate employment. It noted AI as a double-edged sword, with potential job losses in sectors like BPO due to automation. The survey emphasised proactive government and industry interventions to leverage India's tech-savvy population for AI-driven growth. The gig economy is expanding rapidly, projected to form a significant portion of India's workforce by 2029-30. C

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