He also expressed happiness over the fact that micro, small and medium enterprises (MSMEs) are registering a total employment generation of around 20 crore in the small scale industry, according to data shared by Udyam portal.
In particular, the BJP has described the period after 2014, when Narendra Modi first became Prime Minister, as an era of high growth in which the country jumped from the 11th fastest growing country to the fifth fastest growing country. growth and also a period in which a series of reforms freed the economy from various restrictions.
In the ten years between 2004 and 2014, under UPA-I and UPA-II, economic growth of over 8 per cent was also recorded.
However, multiple scams added to political paralysis eclipsed the growth indicators in this decade.
Hardeep Puri said the proliferation of jobs and employment opportunities in the period 2014-24 is a commendable move and expressed hope that similar employment figures would be reflected in the government data in the coming years.
He said the Indian economy was moving at a breakneck speed, approaching the $5 trillion mark and hence there was a need for growth commensurate with skilled manpower.
He also referred to the shortage of skilled labor and said it was a matter of concern that multinational companies from the Gulf or Europe were taking advantage of top human resources.
He said many of the highly skilled people were absorbed by these multinationals, creating a shortage in their home countries.
Quoting a top industry captain, the L&T chairman, the minister said there was a shortage of around 45,000 skilled workers and this was apparently one of the reasons why projects were not being completed on time.
Further recalling his experience as Union Housing and Urban Affairs Minister in Modi 2.0, he said he used to connect with CREDA and other organizations on how to retain skilled and semi-skilled manpower and also how to cultivate a new pool of skilled professionals. .
“When you advertise skilled labor, you get a minimum of applications, but there are thousands of applications in the unskilled category,” he recalled.
In particular, the BJP has described the period after 2014, when Narendra Modi first became Prime Minister, as an era of high growth in which the country jumped from the 11th fastest growing country to the fifth fastest growing country. growth and also a period in which a series of reforms freed the economy from various restrictions.
In the ten years between 2004 and 2014, under UPA-I and UPA-II, economic growth of over 8 per cent was also recorded.
However, multiple scams added to political paralysis eclipsed the growth indicators in this decade.
Hardeep Puri said the proliferation of jobs and employment opportunities in the period 2014-24 is a commendable move and expressed hope that similar employment figures would be reflected in the government data in the coming years.
He said the Indian economy was moving at a breakneck speed, approaching the $5 trillion mark and hence there was a need for growth commensurate with skilled manpower.
He also referred to the shortage of skilled labor and said it was a matter of concern that multinational companies from the Gulf or Europe were taking advantage of top human resources.
He said many of the highly skilled people were absorbed by these multinationals, creating a shortage in their home countries.
Quoting a top industry captain, the L&T chairman, the minister said there was a shortage of around 45,000 skilled workers and this was apparently one of the reasons why projects were not being completed on time.
Further recalling his experience as Union Housing and Urban Affairs Minister in Modi 2.0, he said he used to connect with CREDA and other organizations on how to retain skilled and semi-skilled manpower and also how to cultivate a new pool of skilled professionals. .
“When you advertise skilled labor, you get a minimum of applications, but there are thousands of applications in the unskilled category,” he recalled.