4.73 lakh people are looking for jobs on the MSME job portal, but only 54 vacant available

To bring employment in small and medium industries on one platform, the Modi government had started the job portal Sampark. Through this, pass-out trainees or students are hired from MSME technology centers across India. At present more than 4.73 lakh job seekers and more than 6,200 recruiters are registered in this portal. This information was given in a workshop organized by DPIIT earlier this week. Commerce Minister Piyush Goyal presided over the meeting.

As per the portal till the time of writing this report, the number of vacant posts available for recruitment was only 54 and the number of open job postings was 10. While the number of job seekers registered in the portal is 4,73,729 and the number of recruiters is 6234. The MSME Sampark portal was launched by President Ram Nath Kovind on June 27, 2018.


Only a 1.65% increase in the number of job seekers

The number of job seekers as of 7 September 2020 was 4.66 lakh, which has increased by only 1.65 percent. While the number of recruiters has increased by 8.92 percent during the same period. As of 7 September 2020, the number of recruiters was 5,723. On the other hand, in September last year, the number of placed candidates (candidates who got jobs) was 10,388, which has now increased by 2.87 times to 29,899. Last year the number of vacancies was 1,051 and 74 open job postings.


What does the NSS data say?

According to the annual report of the Ministry of MSME last year, according to the National Sample Survey (NSS) data during 2015-16, the MSME sector created 11.10 crore jobs. Under this, 3.6 crore jobs are included in the manufacturing sector, 3.87 crores in trade, 3.62 crores in other services, and 0.07 lakh in non-captive electricity generation and transmission. According to a survey titled What Worries the World published by market research firm Ipsos earlier this week, unemployment and the coronavirus pandemic have emerged as the biggest concerns of urban Indians.


What do CMIE figures say?

According to the latest data from the Center for Monitoring Indian Economy (CMIE), there has been an increase of 85 lakh jobs during September, due to which the salaried jobs increased from 771 lakh in August to 841 lakh in September. On the other hand, the unemployment rate declined from 8.3 percent in August to 6.9 percent in September. The labor participation rate increased from 40.5 percent to 40.7 percent while the employment rate increased from 37.2 percent to 37.9 percent.

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