Saturday 17 August 2019

Job creation should be top priority; even skilled people are finding hard to get jobs, says L&T's AM Naik


AM Naik, Larsen & Toubro Group Chairman and National Skill Development Corporation chief, said the government needed to take urgent steps to ensure job creation and that even skilled people were finding it difficult to find a suitable job in times of slowdown in the economy. The government should focus on building a consumption-driven economy, he said, adding that to boost economic development, it was necessary to fund the industrial growth.
Naik, during an interview, said that job creation could only be boosted if the Centre took steps to ensure economic development and more utilisation of industrial capacity. "Many industries have closed or are partially utilised, or working on certain days of the week, or just one shift a day," said Naik, adding that even though there's gross underutilisation of industry, there was a great demand for growth for a country of 1.3 billion people.
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