Creating 120 million jobs by 2020 will be difficult: TeamLease report | business-news | Hindustan Times
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Creating 120 million jobs by 2020 will be difficult: TeamLease report

The staffing firm cited a cash crunch caused by demonetisation, which affected many small manufacturing units, as a crucial factor behind job losses in the informal economy.

business Updated: Jul 05, 2017 14:56 IST
Rozelle Laha
People fill out forms at a job fair.
People fill out forms at a job fair. (AP File Photo)

Staffing firm TeamLease Services Ltd has urged the government to “immediately overhaul the most regressive labour laws in India” to generate more jobs.

In a report titled TeamLease Labour Laws Eco-system Report 2017, released on Tuesday, the firm said the goal of creating 120 million jobs in 24 sectors during 2015 -2020 will be hard to meet.

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