HYDERABAD: Amid reports that job creation in India remains inadequate, technology investor T V Mohandas Pai has suggested that the country must incentivise job-intensive industries to boost opportunities. New members of EPF and ESI clearly show decent job creation, but this is inadequate for our needs," Pai, a former board member of Infosys, said. "To boost employment, the government must incentivise employment-intensive industries like garments, textiles, auto and infrastructure and not capital-intensive ones as done hitherto," he told PTI. The services sector is growing at over 10 per cent, Pai added. We must remember that India has great scope in creating job opportunities...
Source: Economic Times October 27, 2016 10:44 UTC