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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.

Published on: Jul 5, 2017, 14:56:00 IST
Livemint | By Rozelle Laha
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Staffing firm TeamLease Services Ltd has urged the government to “immediately overhaul the most regressive labour laws in India” to generate more jobs.

People fill out forms at a job fair. (AP File Photo)
People fill out forms at a job fair. (AP File Photo)

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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ABOUT THE AUTHOR
Rozelle Laha

Rozelle was part of Hindustan Times’ nationwide network of correspondents that brings news, analysis and information to its readers.She no longer works with the Hindustan Times.

Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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