Govt :5 Million jobs to be created this year

NewDelhi Feb 3: Union Finance Minister Arun Jaitley on Thursday has presented the budget and the government has announced a roadmap for job creation. However, the opposition has criticised that the announcement would not create very fewer jobs and it is just a gamble before elections.

However, the Government has decided to counter the allegations and said that the announcement would create 5 million jobs and has released in which sectors jobs would be created.

Rural Infrastructure
# creation of 2 crore toilets under SBM would require 16.92 crore man-days.
#construction of 51 lakh rural houses would need 46.55 crore man-days
# creation of rural roads under PMGSY would require 28.35 crore man-days
#while work under MGNREGA would provide 230 crore man-days,

Officials have added that "Considering 8 hours of work each day for 26 days in a month and 12 months in a year, per person man-days, works out to 2,496. This translates into 12.89 lakh jobs a year for the creation of rural infrastructure alone."

Agriculture

# 95,000 direct and indirect jobs will be created under mega food parks being set up.
# 75,000 jobs will be created for building cold chains and other infrastructure for agriculture.
#'Pradhan Mantri Employment Generation Programme' under MSME is estimated to create 294,000 jobs

Infrastructure
# massive drive for road construction under the Bharatmala Project will generate 14.2 crore man-days
# 5 crore man-days will be generated under all railway projects across divisions.

Officials have added that"This translates to 56,000 jobs in the roads sector and 20,000 jobs in railways.about 30 lakh jobs are expected to be created under a budgetary allocation of Rs 1,600 crore for 2018-19 under Pradhan Mantri Rojgar Protsahan Yojana."

Finally, officials have added that "This amounts to 48 lakh (4.8 million) jobs in 2018-19 under half a dozen government-run programmes and schemes. This is significant as it does not include farm-sector jobs or the self-employment that would be created using Rs 3 lakh crore of Mudra loans that the government plans to disburse in 2018-19."