National Political News Telugu

10 crore jobs coming in eight sectors by 2025: CII

The Confederation of Indian Industry, CII on Thursday said the recent reforms ushered in by the government are creating new livelihoods across existing and emerging sectors, with eight segments of the economy alone expected to create over 10 crore jobs by 2025. The eight sectors that CII highlighted include retail, construction, transport and logistics, tourism and hospitality, handlooms and handicrafts, textiles and apparels, food processing, and automotive.

CII President Rakesh Bharti Mittal said that the measures to promote ease of doing business, cut in tax rates for smaller enterprises to 25 per cent, and reduction in interest rates are creating the right atmosphere for new businesses to flourish, particularly SMEs. He said this is an effective stimulant for job creation.

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