W Bengal tops job seekers list

New Delhi, Feb 25 | Updated: Feb 26 2005, 05:30am hrs
The Economic Survey has portrayed a dismal scenario of employment opportunities. There are over four crore job seekers, 70% of them educated and registered with employment exchanges in 2004, but the placement was a poor 1.03 lakh in the first eight months of the year.

Topping to list of maximum number of job seekers is West Bengal with 69.3 lakh unemployed people. The placement was maximum in Gujarat, whereas the registration was maximum in Maharashtra.

The Survey has reminded the government of the Planning Commissions recommendations of creating employment growth at a higher rate than the increase in the labour force. These included more public investment in rural areas, enhanced funding to SMEs and large-scale employment in construction sector.

In his address to the joint session of Parliament, President APJ Kalam said that the government will set up an appropriate institutional and regulatory mechanism to ensure welfare of the informal sector.

While striving for improved social protection, we must also not lose sight of the need to augment job opportunities through a judicious mix of incentives and regulation, he said.