India's Formal Job Creation Rate Insufficient, Need To Do Better: BJP MP

Jayant Sinha said creating quality jobs is a major challenge for India at a time when technologies like artificial intelligence and machine learning are staring at us.

Ruling BJP lawmaker Jayant Sinha on Wednesday said the rate at which India is creating formal jobs is insufficient and there is a need to focus on opening up quality employment avenues for the people.

Speaking at a youth conclave organised by IMC Chamber of Commerce, Mr Sinha said creating quality jobs is a major challenge for India at a time when technologies like artificial intelligence and machine learning are staring at us, which can be argued as "job diminishing" ones, the member of Parliament from Hazaribagh said.

"We... need to do a much better job of creating high quality employment for our young people... we have to be able to create high quality, formal jobs very, very quickly and that rate is not sufficient right now," the former Union minister said.

He said India has over a billion people in the working age of between 18-64 years at present, and over 200 million will be added to the workforce over the next decade, which makes it a significantly important task.