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IT creates highest jobs in the country in second half of 2012-13: ASSOCHAM

Updated: Apr 01, 2013 06:50:21pm
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New Delhi, Apr 1 (KNN) Information and Technology created the highest number of jobs in the second half of 2012-13 followed by academics and education, insurance, financial services and banking amidst the slowing job market, said a recent study by ASSOCHAM.

“Information technology (IT) ranked on top with 1.2 lakh jobs generated during the second half of the financial year 2012-13 across the country.  Academics and education ranked second with over 19,500 jobs generated in the sector followed by insurance (over 12,000 jobs), financial services (11,680), banking (11,675 jobs), automobile (11,290 jobs), manufacturing (10,670 jobs), engineering (9,835 jobs), and IT hardware (7,000 jobs),” it said.

The new job generation declined by 14.1 per cent during the second half of financial year 2012-13 as against the corresponding period last year across India.

“India's slowing economy and policy unpredictability had significantly slowed down fresh investments and hurt job creation across the country,” the study stated.

Delhi and National Capital Region (NCR) emerged as the top job generation centre with over 66,000 jobs followed by Bangalore (over 40,000 jobs), Mumbai (over 35,500 jobs), Chennai (almost 21,000 jobs) and Hyderabad (20930 jobs). 

A total of over 5.38 lakh jobs were generated during the financial year 2012-13 across India with 2.65 lakh jobs getting generated in first half of the year and 2.73 lakh jobs during second half of the financial year. (KNN)

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