Global Capability Centres (GCCs) and startups have emerged as important players in job creation in India.
Together, these projects have created around eight million new jobs in the past five years, said Sumita Dawra, Secretary at the Ministry of Labour and Employment.
Dawra said this at an event held in the national capital by the Confederation of Indian Industry (CII) and the Employers’ Federation of India (EFI), citing the Periodic Labour Force Survey (PLFS).
He also revealed reforms such as decriminalisation of labour laws and increasing female participation in the workforce undertaken by the Ministry to facilitate doing business.
He noted that reforms such as social security and labour welfare are expected to boost inclusive growth in India.
“In addition, 29 labour laws have been codified into four labour laws. A national portal for professional services is active and data from the Ministry of Skills is being integrated,” said Dawra.
He added that India “has around 10 million self-employed workers and the informal economy is expected to employ around 2.4 million people by 2030.
Meanwhile, the government has also formed a task force to study the impact of AI on the future of work, the senior official said, calling for further research.
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