<p>Mumbai: India added nearly 4.7 crore jobs during 2023-24, taking the total number of employed people to 64.33 crore spread over 27 sectors covering the entire economy, according to <a href="https://www.deccanherald.com/tags/rbi">Reserve Bank</a> data.</p>.<p>The number of employed people was 59.67 crore at the end of March 2023, said the RBI's update on 'Measuring Productivity at the Industry Level-The India KLEMS [Capital (K), Labour (L), Energy (E), Material (M) and Services (S)] Database'.</p>.<p>Using the Tornqvist Aggregation formula, the RBI said the annual growth in employment during 2023-24 was 6 per cent compared to 3.2 per cent in the year-ago period.</p>.India's equity mutual fund inflows hit record high in June, data shows.<p>In the last five years, the India KLEMS database revealed that total employment increased from 53.44 crore in 2019-20 to 64.33 crore during the previous fiscal.</p>.<p>The data for financial 2022-23 is a provisional estimate of productivity for the total economy.</p>.<p>The 'agriculture, hunting, forestry and fishing' employed 25.3 crore individuals, up from 24.82 crore in 2021-22, the fiscal 2022-23 data suggested.</p>.<p>Construction, trade, and transport and storage were among the leading employment provider segments in 2022-23.</p>.Paytm gets government panel nod to invest in payments arm, sources say.<p>The RBI said the document describes the procedures, methodologies and approaches used in the construction of India KLEMS database version 2024.</p>.<p>"The production and publication of India KLEMS database are meant to support empirical research in the area of economic growth and its sources," the RBI said.</p>.<p>Most importantly, the database is meant to support the conduct of policies aimed at supporting the acceleration of productivity growth in the Indian economy, it added. </p>
<p>Mumbai: India added nearly 4.7 crore jobs during 2023-24, taking the total number of employed people to 64.33 crore spread over 27 sectors covering the entire economy, according to <a href="https://www.deccanherald.com/tags/rbi">Reserve Bank</a> data.</p>.<p>The number of employed people was 59.67 crore at the end of March 2023, said the RBI's update on 'Measuring Productivity at the Industry Level-The India KLEMS [Capital (K), Labour (L), Energy (E), Material (M) and Services (S)] Database'.</p>.<p>Using the Tornqvist Aggregation formula, the RBI said the annual growth in employment during 2023-24 was 6 per cent compared to 3.2 per cent in the year-ago period.</p>.India's equity mutual fund inflows hit record high in June, data shows.<p>In the last five years, the India KLEMS database revealed that total employment increased from 53.44 crore in 2019-20 to 64.33 crore during the previous fiscal.</p>.<p>The data for financial 2022-23 is a provisional estimate of productivity for the total economy.</p>.<p>The 'agriculture, hunting, forestry and fishing' employed 25.3 crore individuals, up from 24.82 crore in 2021-22, the fiscal 2022-23 data suggested.</p>.<p>Construction, trade, and transport and storage were among the leading employment provider segments in 2022-23.</p>.Paytm gets government panel nod to invest in payments arm, sources say.<p>The RBI said the document describes the procedures, methodologies and approaches used in the construction of India KLEMS database version 2024.</p>.<p>"The production and publication of India KLEMS database are meant to support empirical research in the area of economic growth and its sources," the RBI said.</p>.<p>Most importantly, the database is meant to support the conduct of policies aimed at supporting the acceleration of productivity growth in the Indian economy, it added. </p>