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India:Exports to increase one million jobs in 2004-05,
says Commerce Minister Kamal Nath |
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2005-4-11
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Shri Kamal Nath, Union Minister of Commerce & Industry, has said that exports have generated an incremental direct employment of one million jobs in the year 2004-05, over the previous year. He said this while releasing this year’s Annual Supplement to the Foreign Trade Policy 2004-09.
Quoting a study commissioned by the Commerce Ministry, the Minister said that the total employment in the country during the year corresponding to export activity of 78 billion dollars was 1 crore jobs which included 86 lakh of direct employment, and 14 lakh of indirect employment in the logistics, transport and related sectors. "The study further reveals that we shall be adding a further 1 crore jobs if we achieve the target of 150 billion dollars over the next four years", he said.
Shri Kamal Nath said that apart from doubling India’s percentage share of global merchandise trade in five years, the major objective of the FTP was generation of employment in rural and semi-urban areas. "With this in view, the FTP announced special focus initiatives in the employment intensive areas of agriculture, handicrafts, handlooms, gems & jewellery and leather & footwear sectors. The employment generation has been encouraging not only in these sectors, but in other sectors across the board", he said. |
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| Press Information Bureau |
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