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51.40 CR PERSON-YEARS EMPLOYMENT GENERATED DURING 2014-24: REPORT
The Daily Guardian
|May 14, 2024
At least 5.14 crore person-years of employment on average every year has been generated since 2014 with the Pradhan Mantri Mudra Yojana (PMMY) itself adding 2.52 crore steady and sustainable employment as an average per year since 2014 (net of employment mortality) finds the SKOCH Report on "Employment Generative Impact of Modi Nomics: The Paradigm Shifts" launched on Monday.
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Over a period between 2014-24, a total of 51.40 crore employment has been generated, of which 19.79 crore employment has been generated by governance-led interventions.
The rest, 31.61 crore, has been contributed by credit-led interventions.
Out of these, the Government has paid for 1.98 crore person-years of fractional employment as an average per year since 2014. This totals 25.2 crore credit-led employment and 19.7 crore person-years of fractional employment every year since 2014, the SKOCH report highlights.
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