“Around 5.14 crore person-years employment were generated annually during ten years of the Modi govt: SKOCH Report”, Opindia, May 14, 2024:
“Around 5.14 crore person-years of employment were generated on an annual basis during the ten years of the Modi government, a report by a leading economic think tank SKOCH Group revealed on Monday (13th May). As per the study, 19.79 crore employment were generated by governance-led interventions while 31.61 crore employment opportunities were contributed by credit-led interventions between 2014 and 2024.
Notably, a person-year is a unit of measurement for the amount of work done by an individual throughout the entire year expressed in hours. The report by the SKOCH Group is titled, Outcomes of Modinomics 2014-24 (A Report Card by SKOCH Group).
It analysed the Employment Generative Impact of ModiNomics: The Paradigm Shifts and it is based on 80 case studies. It covered borrowers who took multiple loans and data on various government schemes…..”
Read the full article at Opindia.com