Fifteen million jobs would be created in public and private sectors by the end of the 11th Plan, the government informed the Lok Sabha today.
Minister of State for Labour and Employment, Harish Rawat told the Lok Sabha that 193,000 engineers and 132,000 diploma holders were unemployed in 2007, and the proposed jobs would provide job opportunities to them.
However, the number of unemployed engineers and diploma holders is likely to have gone up with several of them loosing their jobs during the on-going recession.
The number of unemployed engineers has been growing steadily since 2003 — with 2006 being an exception. While in 2003, there were 82,000 unemployed engineers, the figure rose to 112,000 lakh in 2005. However, in 2006 it fell to 48,000.
The number of jobless diploma holders in 2003 was 1.31 lakh and 1.07 lakh in 2005. In 2006, it was 45,000.
Rawat said the 11th Plan aims at increasing private organised sector employment by at least 10 million to provide jobs to educated unemployed.
"Along with the public sector, organised sector jobs would then expand by over 15 million, a growth rate of about nine per cent per annum," Rawat added.