India to add 347,463 jobs in organised sector by fiscal Q1 end: Study
19 Jun 2010
India will add 347,463 jobs in the organised sector by the end of the first quarter of this fiscal with the robust economic turnaround having encouraged organisations to recruit new employees, according to a global manpower consulting firm.
A study conducted by Ma Foi Randstand says 153,564 jobs were created during January-March 2010 with an additional 347,463 to be created by June-end.
Ma Foi chief executive K Pandia Rajan, while releasing the study in New Delhi said,'The pace of job creation in India, in fact, is little faster than what we envisaged in our study.'
Rajan added that the national capital region was set to emerge as largest employment opportunity provider with 38,350 jobs, followed by Mumbai (27,650 jobs) and Chennai (11,900 jobs).
Rajan said the organised sector in India accounts for only around 9 per cent of the jobs with the government, the public sector and the private sector each contributing a third of the total.
He added that the positive sentiment in the organised sector would spill over to the unorganised sector as well.
In the latest projection, job creation during April to June and estimates
.jpg "India, Nigeria agree on local currency settlement system")
