Union Labour and Employment Minister Mansukh Mandaviya highlighted the Modi government’s significant achievements in employment generation, claiming it created nearly five times more jobs than the United Progressive Alliance (UPA) did during its tenure. Citing data from the Reserve Bank of India (RBI) and the Employees’ Provident Fund Organisation (EPFO), Mandaviya underscored the transformative growth under the current administration.
According to Mandaviya, the UPA government created 2.9 crore jobs between 2004 and 2014. In comparison, from 2014 to 2024, the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi generated 17.6 crore jobs—a 36% surge in employment growth over 10 years compared to the UPA’s 6%.
Mandaviya also revealed that in 2024 alone, 4.9 crore jobs were created, showcasing a stark contrast to the decade-long performance of the previous regime.
Sector-specific data showed impressive strides in employment under the Modi government. Employment in the agriculture sector grew by 19% from 2014 to 2023, reversing the 16% decline witnessed during the UPA’s tenure. The services sector also experienced robust growth, expanding by 36% during the same period compared to 25% under the UPA.
The unemployment rate saw a sharp decline, dropping from 6% in 2017-18 to 3.2% in 2023-24. Similarly, the employability of graduates improved significantly, rising from 33.95% in 2013 to 54.81% in 2024. Youth employment also witnessed a substantial increase, climbing from 31.4% in 2017-18 to 41.7% in 2023-24.
Mandaviya attributed these achievements to the Modi government’s focused policies and initiatives aimed at boosting job creation across various sectors, emphasizing that the figures were sourced from credible data provided by the RBI and EPFO.
