Delhi, satellite towns record 17 percent jump in new jobs

By IANS,

New Delhi : Shrugging off recession worries, the national capital region (NCR) has recorded a 17.1 percent surge in jobs creation in the first four months of this fiscal against the last four months of the previous fiscal, according to a study by a business body.


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The study, Job Opportunities in the National Capital, conducted by the Associated Chamber of Commerce and Industry of India (Assocham) concludes that during April-July 2009, as many as 49,750 openings were created in the NCR of Delhi, Gurgaon, Noida, Greater Noida, Ghaziabad and Faridabad against 42,501 openings in the last four months of 2008-09.

Releasing the study, Assocham secretary general D.S. Rawat said that 46.4 percent of the new jobs were in the Delhi region.

As per the chamber’s findings, job creation in the satellite towns of NCR – Gurgaon, Noida, Ghaziabad and Faridabad – registered a staggering growth rate of 49.5 percent in the first four months of 2009-10 over the last four months of the previous fiscal, whereas the Delhi region witnessed a decline of 6.4 percent during the same period.

However, the number of newly created jobs in the NCR as a whole increased from 42,501 during December-March 2008-09 to 49,750 during April-July 2009, a growth rate of over 17.1 percent.

Among the satellite towns, Gurgaon created the maximum new job opportunities with a 23.1 percent share in the total, followed by Noida/Greater Noida (20 percent), Ghaziabad (5.6 percent) and Faridabad (4.9 percent).

A sector-wise analysis shows the IT/ITES sector created the maximum number of jobs with a share of 27.5 percent of the total, followed by the academics sector (nearly 17 percent) and the banking, financial service and insurance (BFSI) sector (14.5 percent).

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