Business

Jobs may be created to support GST implementation

PTI

 Infosys Co-Founder and investor Kris Gopalakrishnan on Friday said the country may see 10,000 to 1 lakh jobs being created in the next six months to support GST implementation.

“Every year we need to create about 20 million new jobs, though I do not have seen any data or report.

So, in my estimate, probably in next six months, we will see, may be 10,000 to 1 lakh jobs being created to support GST implementation,” he told reporters on the sidelines of a CII event here.

“But, beyond six months, it is very difficult to say at this point of time, how much more it would increase,” Gopalakrishnan, who is the Chairman of Confederation of Indian Industry (CII)’s India Innovation Summit said.

The two-day 13th India Innovation Summit with the theme, ‘The New Wealth of Nations – Innovation and Intellectual capital’ will begin here on July 13.

The Summit will cover subjects such as, Teens as Innovators to disrupt the existing businesses, Rise of Machines and Future of Human labour, India’s digital transformation into a cashless economy and the great expectations on the e-commerce industry – scaling the consumption economy, among others.