1. Home >
  2. Export Import News >
  3. Economy News >
  4. Budget 2019 India expectations: Will Modi government deliver on the promise of jobs? >
  5. Budget 2019 India expectations: Will Modi government deliver on the promise of jobs?

Online Export Import Data Search

Complete Training Video : Click Here

Budget 2019 India expectations: Will Modi government deliver on the promise of jobs?.

Date: 12-01-2019
Subject: Budget 2019 India expectations: Will Modi government deliver on the promise of jobs?
Budget 2019 India expectations: While Jobs alert and Jobs in India continue to remain one of the most sought after queries, Prime Minister Narendra Modi has been under relentless pressure from Congress and other opposition parties to fulfill BJP’s pre-Lok Sabha elections 2014 promise on job creation in the country.

The “India Skills Report”, predicts an optimistic and positive forecast in the “Hiring intent 2019”. “In comparison to last year companies across 9 major sectors have predicted an increase of 15 per cent in their hiring numbers,” according to the report. The report predicts that while software and IT sectors are showing a positive outlook, Financial Services, Hospitality and Travel and Engineering and Automotive will see a significant increase in their hiring numbers.


The Skill India report says that most number of job announcements will be from sectors such as Banking Financial Services & Insurance, BPO, KPO & ITES, Core Sector (Oil & Gas, Power, Steel, Minerals, etc.), Engineering & Automotive (Auto & Auto Components), Manufacturing, others & Diversified, Pharma & Healthcare, Software, Hardware & IT and Travel & Hospitality (Including Aviation, Tours & Travels, Hotels). Companies will look to hire from education disciplines such as Undergraduate, ITI, Polytechnic, PG or Equivalent (MCA/MSC/MA/M.COM/CA/M.tech), Management or Equivalent- MBA, PGDM, Graduates, (BCA/BBA/B.COM/BSC) and Engineers (BE/B.Tech).

At an event late last year, Prime Minister Narendra Modi claimed that the ‘4th Industrial Revolution’ will provide more job opportunities. PM Modi said that India’s diversity, demographic potential, fast-growing market size and digital infrastructure have the potential to make India a global hub for research and implementation. PM Modi exuded confidence that artificial intelligence, machine learning, Internet of Things, blockchain and big data will take the country to “new heights”.

However, PM Modi’s assurance was rejected by Congress which alleged that over one crore jobs were lost in 2018 citing Centre for Monitoring Indian Economy (CMIE)’s report. The party said that during the 2014 elections campaign, the then Gujarat Chief Minister Modi had promised “Acche Din (good days), which included (providing) two crore jobs every year”.

Source: financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 23-06-2019
Notification No. 25/2019-Customs (ADD)
Seeks to amend notification No. 23/2013-Customs(ADD), dated the 10th October, 2013 to extend the anti-dumping duty on ductile iron pipes originating in, or exported from China PR till 9th October, 2019

Date: 21-06-2019
Notification No. 25 /2019 – Central Tax
Seeks to extend the date from which the facility of blocking and unblocking on e-way bill facility as per the provision of Rule 138E of CGST Rules, 2017 shall be brought into force to 21.08.2019.

Date: 21-06-2019
TRADE NOTICE NO. 19/2019-2020
Response to various representations against Allocation of Quota for Pulses/Peas.

Date: 20-06-2019
Notification No.45/2019 - Customs (N.T.)
Exchange Rates Notification No.45/2019-Custom(NT) dated 20.06.2019

Date: 19-06-2019
Circular No. 17/2019-Customs
Applicability of Additional Customs duty on goods re-imported under Customs Notification No. 94/96-Customs dated 16.12.1996 exported earlier for exhibition purpose/ consignment basis

Date: 19-06-2019
Notification No. 44/2019-Customs (N.T.)
Manufacture and other operations in Warehouse Regulations, 2019

Date: 18-06-2019
Notification No. 24/2019-Customs (ADD)
Seeks to levy anti dumping duty on jute sacking cloth under tariff heading 5310 originating in or exported from Bangladesh to prevent the circumvention of levy of anti dumping duty levied on jute sacking bags vide notification No. 1/2017-Customs(ADD) dated 5th January, 2017.

Date: 18-06-2019
Notification No. 42/ 2019-Customs (N.T.)
Customs (Supplementary Notice) Regulations, 2019

Date: 18-06-2019
Notification No. 43/2019-Customs(N.T.)
Proper officer for Customs (Supplementary Notice) Regulations, 2019

Date: 17-06-2019
Circular No. 16/2019-Customs
–IGST refunds- mechanism to verify the IGST payments for goods exported out of India in certain cases- reg.

Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001