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2 days agoNITI Aayog data shows services industry added 40 million jobs over six years
A government-backed NITI Aayog report revealed that India’s services economy created over 40 million new jobs between 2018 and 2024. The expansion was led by IT, logistics, healthcare, tourism, and finance, reflecting the country’s structural transition toward knowledge and digital sectors. Economists highlighted that while employment generation was robust, wage parity and skilling remain persistent challenges. The report also urged greater collaboration between the private sector and education institutions to sustain productivity and meet India’s $5 trillion economic goal by 2027.
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2 days agoNITI Aayog data shows services industry added 40 million jobs over six years
A government-backed NITI Aayog report revealed that India’s services economy created over 40 million new jobs between 2018 and 2024. The expansion was led by IT, logistics, healthcare, tourism, and finance, reflecting the country’s structural transition toward knowledge and digital sectors. Economists highlighted that while employment generation was robust, wage parity and skilling remain persistent challenges. The report also urged greater collaboration between the private sector and education institutions to sustain productivity and meet India’s $5 trillion economic goal by 2027.
Explore:Mutual Fund Screening
positive
NITI Aayog data shows services industry added 40 million jobs over six years
2 days ago
1 min read
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India generated 40 million service-sector jobs since 2018, with IT and healthcare driving growth but wage inequality and skilling gaps persisting.
A government-backed NITI Aayog report revealed that India’s services economy created over 40 million new jobs between 2018 and 2024. The expansion was led by IT, logistics, healthcare, tourism, and finance, reflecting the country’s structural transition toward knowledge and digital sectors. Economists highlighted that while employment generation was robust, wage parity and skilling remain persistent challenges. The report also urged greater collaboration between the private sector and education institutions to sustain productivity and meet India’s $5 trillion economic goal by 2027.
A government-backed NITI Aayog report revealed that India’s services economy created over 40 million new jobs between 2018 and 2024. The expansion was led by IT, logistics, healthcare, tourism, and finance, reflecting the country’s structural transition toward knowledge and digital sectors. Economists highlighted that while employment generation was robust, wage parity and skilling remain persistent challenges. The report also urged greater collaboration between the private sector and education institutions to sustain productivity and meet India’s $5 trillion economic goal by 2027.
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India
NITI Aayog
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Oct 28, 2025 • 18:15 IST