Visa curbs fallout: PM Narendra Modi orders job audit to fill the void, boost Make in India campaign

In a clear directive from Prime Minister Narendra Modi, the thrust is now to create jobs in India.

At a time when the United States is flexing its muscle on the H1B visa norms, Australia and New Zealand are also aggressively posturing to restrict entry of skilled labours to promote local hiring while India is fighting back.

In a clear directive from Prime Minister Narendra Modi, the thrust is now to create jobs in India. The new policy states that government sops will now come with a non-negotiable rider of a 'job audit'.

"Jobs in India have largely been in the organised sector. Incentives given for industrial investments earlier used to be on capital expenditure. Now the PM has been telling us that it is not good enough. There will also be an audit on how many jobs these investments create and unless a proposal comes with it, the details of the kind of jobs that you are going to create, he wouldn't even look into it," said Nirmala Sitharaman, Union Minister of Commerce and Industry to India Today.

GOVERNMENT BANKING ON 'MAKE IN INDIA"

With visa curbs on the anvil at popular job destinations for skilled Indians, the government is banking on its 'Make in India' campaign to fill the void. But only 2 lakh jobs were created in the past 10 months and the pressure is high.

"Every Cabinet note nowadays is also inclusive of that one assessment that we do. Just as we do it for the costing, we do it for potential employment creation, direct and indirect. So that is the level to which the PM has gone to say that let us be clear that everything will have to have an outcome on employment," said Sitharaman.

Government's think tank Niti Aayog has pegged India's unemployment rate between 5 per cent and 8 per cent. It has recommended that India should work towards creating jobs as companies shift base from China due to high wages and ageing population.

"Changes are going to take time but we are focused," assured Sitharaman.

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