IT firms, BPOs creating most jobs in India
Wednesday, 3rd August 2011
The information technology and BPO sectors have together created the highest number of jobs in India since the recession, according to Union ministry of labour and employment.
The sectors have generated more than 15 lakh direct and indirect jobs since October 2008, when India was hit by the downturn and top IT and BPO companies put a freeze on hiring and started laying off people.
According to the latest edition of a government survey christened 'Effect of economic slowdown on employment in India', the IT and BPO sectors have created five times more jobs since the downturn than all other recession-hit sectors taken together. The other sectors surveyed include mining, textiles, leather, metals, gems and jewellery, auto, transport and handloom.
Publication : Times of India
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