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Small and medium enterprises in India provided 21 lakh jobs in a year, revealed in the report

SMEs On Hiring Spree In India: After the end of the Corona Pandemic in the year 2022, the condition in the country remained somewhat normal, the effect of which has been seen on the jobs. Indian business world witnessed a boom in job applications as 2022 has been the best for job opportunities in all sectors. Most of the companies of small and medium enterprises (SMBs) and micro, small and medium enterprises (MSMEs) have done a lot of recruitment.

what is report

According to a report by Apna.co, a professional networking and job platform, more than 12 million professionals registered on the platform this year, leading to a 67 percent (y-o-y) user growth in 2022. Despite the opening of the market, professionals are still doing work-from-home jobs.

60 percent increase in jobs

Jobs posted by small and medium businesses (SMBs) have seen a 60 percent year-over-year increase. In this, emerging small businesses from Tier 1 and 2 cities will post more than 2.1 million jobs in 2022 alone.

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got jobs in these cities

According to media reports, these jobs have been found in emerging small business Delhi-NCR, Mumbai, Bengaluru, Pune, Ahmedabad and Jaipur. Maximum job applications have been seen in Tier 2 cities/ it includes Bhopal, Indore, Bhubaneswar, Ranchi and Kanpur. These cities accounted for 40 percent of the total jobs posted by SMBs over the year.

MSMEs minister told the figures

During the winter session of the second Parliament, Minister of State for MSMEs Bhanu Pratap Singh Verma has shared the data of employment in MSMEs. He said that 1.31 crore people were employed in the units included in the financial year 2021-22, which was 98 percent more. 66.2 lakh workers registered in MSMEs in FY20 or pre-covid year and 16 percent more on YoY basis. The data shared by Minister Verma can be seen on the Udyam Registration Portal.

Adding 5 crore new jobs by 2025

According to the National Sample Survey (NSS), the Modi government at the Center aims to add 5 crore new jobs in the MSME sector by 2025 from the 11 crore jobs already provided. Minister Bhanu Singh Verma had said that MSMEs contribute about 30 per cent to India’s GDP and 50 per cent of the income generated from exports.

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