'R'than can generate 22 lakh additional jobs'

Rajasthan can generate an additional 22 lakh employment opportunities in both organised and unorganised sector if the state’s economy is able to sustain over eight per cent growth rate during next five years, industry body Assocham said on Sunday.

“Rajasthan has registered significant growth and can generate around 20 lakh jobs in organised and unorganised sectors, as well as 2 lakh direct and indirect job opportunities through oil refinery,” chamber’s Secretary General D S Rawat said.

He said that Assocham suggested a seven point detailed ‘Action-Agenda for New Government of Rajasthan’ to Chief Minister Vasundhara Raje recently and the projection was based upon the simple regression model according to which the assumption of employment generation is largely dependent on economic growth which has immediate effect on job creation.

The body has also proposed to partner the state government to implement and achieve the objective of its vision document for Rajasthan.

“Rajasthan has registered robust economic growth rate of 8.2 per cent slightly higher than the national average of 8 per cent during 2004-05 and 2012-13,” says a study prepared by the Assocham Economic Research Bureau (AERB). There has been a significant decline of almost six per cent in the contribution of agriculture sector to the gross state domestic product (GSDP) of Rajasthan which fell from 25 per cent in 2004-05 to 19 per cent in 2012-13, it said.

Frequent droughts, rapidly depleting groundwater level, lack of investments and absence of modernisation in agriculture practices are certain key issues hindering the growth of agriculture in Rajasthan.

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