Global Recession: India is different from the possibility of a global recession, there is a possibility of strong growth in employment

Posted on 24th Nov 2022 03:27 pm by rohit kumar

Ajit Isaac, founder and non-executive chairman of business services provider Quess Corp, has said that India has been largely insulated from the rest of the world's outlook for recession. The current recruitment trends indicate that the country is likely to witness a strong employment growth rate in the next few years. He said that India is doing better amid fears of a worldwide recession. In such a situation, the risk of recession is less here. We will continue to see the development of India.

 

 

Even if India's growth rate is less than eight percent, growth will continue. We had seen very good growth in employment in the country between the years 2000 and 2007. The country's GDP, which was $470 billion in the year 2000, increased to $1.4 trillion in the year 2007. We can achieve this feat once again if the growth trends we are seeing continue. Isaac was speaking during an event in Bengaluru.

 

 

Quess Corp acquired the APAC and ME businesses of Monster Worldwide in 2018 as a strategic investment aimed at strengthening its HR services portfolio. The company is operating in India, Singapore, Malaysia, the Philippines, Hong Kong, Vietnam, Thailand, Indonesia, United Arab Emirates, and Saudi Arabia.

 

Also Read: Recession: Rajiv Kumar said - there is no possibility of a recession in the country, and the economy will grow at the rate of six-seven percent in 2023-24

Other news

ISRO's SSLV-D2 rocket launched from Sriharikota, will enter space with 3 satellites, a special mission

ISRO New Rocket Launch Indian Space Research Organization (ISRO) has today launched the second ve

Weather Update Today: Cold in the morning and evening increased in Delhi, and snowfall in the mountains; Know how the weather will be in your state today

These days a light pink cold is being felt in the morning in New Delhi. At the same time, the sun

Odd-Even: The government gave clarification on the withdrawal of the odd-even rule, knowing the important things related to the scheme

The odd-even rule may return soon to reduce vehicular pollution in Delhi. The situation remains v

Bholaa Worldwide Box Office: Ajay Devgan's Bholaa tightens its waist amid falling business, races towards 100 crore club

Bholaa Worldwide Collection Day 13: Ajay Devgn's Bholaa is trying its best to show its mettle at

Ram Mandir: 'The public is not with the one who is not with Lord Ram', know who said what regarding the Ram Mandir program

Preparations for the Pran Pratishtha program of Ram Temple are at their peak. Many opposition lea

There may be changes in the Congress organization! In the CWC meeting, Rahul Gandhi said- Kharge ji, use the whip.

After the setbacks in the assembly elections, the Congress Working Committee convened brainstorme

Hindi Row: 'Hindi was the third compulsory language even during the Congress period, DMK never made Tamil...'; BJP on three language controversy

The language dispute in Tamil Nadu is deepening. Now BJP's Tamil Nadu unit president K Annamalai

Mhow Violence: 4 cases of assault, arson and vandalism registered; Police in action mode after uproar in Mhow, 13 arrested

Team India's spectacular victory in the final of the ICC Champions Trophy was celebrated across t

'A mosque should not be built in Babur's name,' Jagadguru Rambhadracharya expressed his opposition and also commented on Mamata Banerjee.

The seven-day Kalki Mahotsav concluded on Sunday. During the closing ceremony, Jagadguru Rambhadr

Bird Flu: The first case of bird flu in humans stirred up in Chile, the source of infection is being traced

Bird Flu in Humans The first case of bird flu has come to light in humans. Chile has detected the