India has potential to create over 10 crore new jobs by 2030 PHDCCI

India holds the potential to create more than 10 crore new jobs by 2030 as the economy is likely to add 33 trillion to the GDP by the same time frame industry body PHD Chamber of Commerce and Industry PHDCCI said on TuesdayThe industry chamber suggested 10 crucial points for the 100day agenda of the new governmentIt includes employment creation doubledigit growth in manufacturing strengthening exports trajectory stateoftheart infrastructure in Tier2 and Tier3 cities policy to strengthen farm sector addressing inflation escalations enhancing digital economy strengthening women empowerment inclusive health infrastructure and dedicated environment protectionAmid the growing geopolitical distress and uncertain global economic environment India grew more than 8 per cent average during FY 2022 to FY 2024ldquoWe suggest a roadmap for creating more than 10 crore jobs by 2030 in many segments including MSMEs large conglomerates and startupsrdquo said Sanjeev Agrawal President PHDCCIThe postpandemic high growth trajectory has created avenues for crores of jobs in the coming yearsldquoWe suggest boosting manufacturing growth to double digits by percolating Ease of Doing Business at the factory level and reducing the cost of doing businessrdquo Agrawal notedThe new industrial policy is needed at this juncture to strengthen industrial development and employment creation in the countryIn the suggested agenda the chamber recommended that the government focus on 75 products to strengthen Indiarsquos export trajectory and increase its share in global exportsldquoThese 75 products will be crucial to achieve the trajectory of 2 trillion exports by 2030rdquo said AgrawalThe government in the first 100 days should focus on strategising on a stateoftheart infrastructure policy for Tier2 and Tier3 cities along with the development of rural infrastructure and modernisation of villages with adequate facilitation of public utilities according to the agendaldquoWe recommend that the government formulate a strategy to boost the digital economy and enhance cyber security in the era of emerging AIled technologiesrdquo it addedAlso Read Surge in demand for AI ethics machine learning and data analysis musthave AI skills revealedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever