Apparel & leather sectors key for job creation: Economic Survey

It has recommended reforms in labour and tax policies to make these two sectors globally competitive

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BS B2B Bureau New Delhi

Last Updated : Feb 01 2017 | 10:23 AM IST

According to the Economic Survey, apparel and leather & footwear sectors are eminently suitable for generating jobs that are formal and productive, providing bang-for-buck in terms of jobs created relative to investment and generating exports and growth. However, it has recommended reforms in labour and tax policies to make these two sectors globally competitive.

The survey added that these sectors provide immense opportunities for creation of jobs for the weaker sections, especially for women, and can become vehicles for broader social transformation in the country.

It highlighted the opportunity for India in this sector in global context by saying that India has

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