Goemkarponn Desk
PANAJI: Chief Minister Pramod Sawant noted that 51.40 crore person-years of employment were created in India between 2014 and 2024, citing data from the SKOCH report.
According to Sawant, the numbers show that Atmanirbhar Bharat’s mission and Vision for Visit Bharat are generating jobs, controlling inflation, and experiencing rapid growth.
“51.40 Crore Person-Years Employment generated during 2014 to 2024 in India, according to SKOCH report,” the chief minister wrote on the X handle.
“Under Modi Sarkar, it is an incredible accomplishment to showcase #ModiHainToMumkinHain. The creation of jobs, controlled inflation, and high growth are all part of Atmanirbhar Bharat’s mission and Viksit Bharat’s vision.
It analysed the Employment Generative Impact of ModiNomics: The Paradigm Shifts and it is based on 80 case studies. It covered borrowers who took multiple loans and data on various government schemes.
The group’s press release stated, “Over a period between 2014-24, a total of 51.40 crore employment has been generated. Out 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.”
It added that the current study also finds that micro-loans are being used to generate employment that is steady and stable. The release added that the current study takes into account 12 central schemes, including MGNREGS, PMGSY, PMAY-G, PMAY-U, DAY-NULM, RSETI, ABRY, PMEGP, SBM-G, PLI’s, and PM SVANidhi.
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’.
The studies have shown that the Credit Gap has fallen 12.1% during the past nine years. It has also shown a positive correlation between a reduction in the Credit Gap, a reduction in multidimensional poverty, and an increase in NSDP.
