NEW DELHI: With exit polls predicting a Narendra Modi-led government, experts are anticipating a spurt in the job market on the expectation that the BJP leader would revive the economy, particularly the manufacturing sector.

HR consultancy firm Unison International has estimated the job market will grow by at least 30 percent under Modi’s rule. According to the firm, as many as 15-20 million jobs may be created, which could further get a boost if BJP comes at the Centre on its own.

Echoing similar sentiments, CareerBuilder India has projected that at the current GDP growth rate, there are about 2 million jobs on hold which will be rolled out in case Modi is able to form a stable government at the Centre.

“Apart from these 2 million jobs, over the next 12 to 24 months, the GDP growth is expected to get in the range of 5.5 percent to 6 percent, which should further boost job creation in excess of 20 percent,” CareerBuilder India MD Premlesh Machama said.

Meanwhile, experts also feel hiring in the manufacturing sector would surge as Modi is believed to give more focus in this sector.

Besides, the job markets in IT, infrastructure, banking, tourism and healthcare are also likely to get a push.
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