5.14 crore person-years employment were generated annually during ten years of the Modi govt: SKOCH Report
Op IndiaAround 5.14 crore person-years of employment were generated on an annual basis during the ten years of the Modi government, a report by a leading economic think tank SKOCH Group revealed on Monday. As per the study, 19.79 crore employment were generated by governance-led interventions while 31.61 crore employment opportunities were contributed by credit-led interventions between 2014 and 2024. The group’s press release stated, “Over a period between 2014-24, a total of 51.40 crore employment has been generated. SKOCH Group Chairman and author of the report, Sameer Kochhar said, “We have documented 80 case studies from our field visits covering borrowers who have taken multiple loans and the average direct employment per loan amount stands at 6.6 jobs.” As per the press release, the recent report is a part of SKOCH Group’s ongoing study on employment generation which is titled, ‘A Hundred Voices, A Billion Dreams’.