Rural India employment rises: Infographic
Data from the Centre for Monitoring Indian Economy (CMIE) showed that out of the nearly 12 million net additions to the employed workforce in January, most are helping rural India build roads and houses. In rural India, the construction and real estate sector absorbed more than 8.23 million workers in January. In comparison, the labour-intensive construction industry in urban India added no more than 350,000 people.
Agriculture absorbed 4.26 million people while mining and manufacturing and saw negligible growth.
The index survey published by Knight Frank-FICCI-Naredco real estate sentiment in January showed that the real estate sector is set to witness faster growth in the next six months and the "sentiment" is much higher in west, south and east India, as against north India.
Here鈥檚 a data chart representing labour employment in rural India as compared to urban:
Source: Centre for Monitoring Indian Economy (CMIE)
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