Bangalore: India will need to generate at least 55 million jobs by the year 2015 to keep an uphold of the current ratio of employed people to total population at 39 percent, reveals a research by CRISIL, an independent research house. This also further reveals that it is two times more when compared to the job creation done from 2005-2010. "If we factor in the number of people retiring or losing their jobs by 2015, new job hires will have to exceed 55 million. Achieving this will pose an overwhelming challenge without appropriate policy support," the report says. The study - unemployment in India reveals total employment is the sum of people in jobs and self-employed. The net addition of jobs between the year 2005 and 2010 was 27.7 million but the number of self employed people dropped down to 25.5 million. This confined the increase in number of employed people to 2 million. This has lead to the misapprehension by many as the number of jobs created. Even at 27.7 million, the job creation leaves much to be desired. "Job creation has clearly not kept pace with GDP growth. The GDP growth increased to 8.6 per cent during 2005-10 from 6 per cent during 2000-05, but the net addition to jobs remained almost flat at around 27 million during the two time periods. Combined with a decline in the number of self-employed persons, this sharply reduced the employment intensity (number of employed persons per lakh of real GDP) to one during 2005-10 from 1.7 in the preceding five years," Dharmakirti Joshi, Chief Economist, CRISIL said. For instance, in manufacturing, employment declined by 7 per cent, despite a faster growth in manufacturing output. CRISIL stated if the country has to eradicate this problem the solution is, it should observe other countries including china. The study illustrated that large scale labor- intensive manufacturing units are scarcely found India, as the real cost of utilizing is expensive. It's very practical that it's impossible for a manufacturing company with more than 100 employees to fire any employee even if it is facing bankruptcy. Therefore, demand for labour has not increased fast enough in manufacturing. The role of policy assumes greater importance now since the weak growth in advanced countries is likely to hurt job growth in export oriented sectors in India. "Easing demand constraints in manufacturing through labor reforms and supply constraints in services by fast fast-tracking reforms in higher education will lead to faster job growth," Vidya Mahambare, Senior Economist, CRISIL said.