2 hrs ago
Banga Identifies Five Sectors That Could Create Jobs
Ajay Banga said India could create many more jobs in five important areas.
These areas are infrastructure, agriculture, primary healthcare, tourism and manufacturing.
Building roads and other infrastructure can directly employ workers.
Better infrastructure can also help businesses and communities grow.
Technology and cooperatives could help small farmers get supplies more easily.
Local healthcare clinics would need nurses, technicians and midwives.
Tourism could provide many new work opportunities.
Making more valuable products from minerals, metals and fashion could also create jobs.
Banga said private businesses and smaller companies would play a major role.
World Bank President Ajay Banga identified five sectors with strong job-creation potential in India.
The sectors are infrastructure, agriculture, primary healthcare, tourism and value-added manufacturing.
Banga said private investment and micro, small and medium-sized enterprises would be central to creating jobs.
He linked infrastructure to construction employment and broader economic activity enabled by improved connectivity.
Banga said decentralised healthcare, technology-supported farming and higher-value manufacturing could expand employment opportunities.
- Who
- World Bank President Ajay Banga identified the sectors and emphasized the role of private businesses and MSMEs.
- What
- He outlined five sectors that could create large numbers of jobs in India.
- Where
- India; Banga also referred to a visit to Uttar Pradesh.
- When
- Why
- To help turn India’s economic growth into employment for its large young population.
Key facts
- Five sectors
- Infrastructure, agriculture, primary healthcare, tourism and value-added manufacturing.
- Key job creators
- Private investment and micro, small and medium-sized enterprises.
- Infrastructure
- Construction can create direct employment, while improved connectivity can enable wider economic activity.
- Primary healthcare
- Decentralised clinics could require nurses, medical diagnostic technicians and midwives.
- Agriculture
- Cooperatives using technology could help small farmers access inputs at scale.
- Manufacturing
- India’s capabilities in minerals, metals and fashion could be developed into higher-value production.
- Tourism
- Banga described tourism as a major employment opportunity.
Quotes
Ajay Banga
World Bank President discussing the roles of government and private investment in employment creation
“Jobs are created in the private sector. Government enables and the private sector creates”
thehansindia.com










