Not Industry, Small Farms Key To Jobs Growth: Indian Expert
Referring to the overall job development situation, he said the group worked to develop the skills of its recruits and many of them later left to work for other companies. This led to making more people employable and contributing to economic development.
Sukhdev cited the case of Infosys as an example of how the top private sector companies were taking on the role of training and developing the nation's workforce. Every year Infosys hired and trained about 30,000 people, and of them about 18 percent will ultimately leave to go to work for other companies and in other nations, he said. This was an export of human capital to other companies and countries, he said.
Participating in a general ECOSOC debate earlier on economic and social integration, India's Permanent Representative to the UN Asoke Kumar Mukerji said that employment generation must be at the centre of sustainable development and balanced economic growth.
For developing countries to harness their democratic dividend, creating decent jobs was essential, he said. Therefore, the Indian government has launched an ambitious initiative to make the nation a destination for world-class manufacturing, he added.
With 54 percent of Indians under 25 years, the nation was poised to reap the population dividend, but first it must make them educated and employable for the 21st century jobs and the government was taking institutional and policy measures for this, he said.
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