60 lakh jobs in 10 years: Jayant Sinha

Micetalk - - NEWS -

Jayant Sinha, Min­is­ter of State for Civil Avi­a­tion, has said that the civil avi­a­tion sec­tor has the po­ten­tial to cre­ate about 10 lakh di­rect jobs in the next 10 years. He fur­ther said that with a six- fold mul­ti­plier ef­fect that jobs in this sec­tor have, this can lead to the creation of about 60 lakh jobs – di­rect and in­di­rect – in the next 10 years. As jobs in the civil avi­a­tion sec­tor tend to be of high value, this would go a long way in im­prov­ing the eco­nomic con­di­tion of a large num­ber of young peo­ple. The Min­is­ter also said that the sec­tor can rea­son­ably be ex­pected to grow at an av­er­age rate of about 10- 12 per cent over the next ten years.

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