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Business News/ Politics / 11th plan aims to create 58 mn new jobs
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11th plan aims to create 58 mn new jobs

11th plan aims to create 58 mn new jobs

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New Delhi: The government on Monday said 58 million new job opportunities are likely to be created during the 11th Five year plan (2007-12), thanks to various steps including three stimulus packages since December 2008.

Replying to a supplementary during the Question Hour in Lok Sabha, Labour and Employment minister Mallikarjun Kharge said employment is projected to grow at an average rate of 2.73% annually.

He informed the House that the government has released Rs27,368.76 crore till April-January period of 2009-10 under the Mahatma Gandhi National Rural Employment Guarantee Scheme.

Similarly, in other employment generation schemes like Swarnajayanti Swarozgar Yojna and Shahari Rozgar Yojna, the government has been making funds available to different states to create new job opportunities.

On whether the government would give unemployment allowance to youths, Kharge said, “As of now there is no such plan."

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Published: 15 Mar 2010, 01:03 PM IST
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