Back to Career News

12 Million Jobs Created in Formal Sector in Past 4 Years, Says PM Modi

February 27, 2019

12 Million Jobs Created in Formal Sector in Past 4 Years, Says PM Modi
Dismissing the criticism on the employment issue, Prime Minister Narendra Modi said that 12 million jobs were created in the formal sector alone in the past 4 years. 

Modi was present at a News18 media group event this Monday when he said that during 2017-18, as many as 500,000 people joined the Employees’ Provident Fund (EPF), and 10,000 to 11,000 new subscribers were added to the Employees’ State Insurance Corporation (ESIC) network.

Photo credit: Presidencia de la República Mexicanaon Visual Hunt / CC BY

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp