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
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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