India Inc must utilise govt schemes for job creation: Anand Mahindra

India's private sector must utilise government's recently announced schemes, such as support to employers in creating roles for first-time employment and increasing new hires, to propel the country's economy over the next decade, Mahindra Group Chairman Anand Mahindra said on Wednesday.

Addressing shareholders at the annual general meeting of Mahindra & Mahindra Ltd (M&M), he reiterated that growth and prosperity must be driven by job creation and it is a collective responsibility of the private sector and the government and broad-based effort is essential for generating employment.

He also asserted that increasing employment and skilling are key national priorities, as emphasised by Finance Minister Nirmala Sitharaman in her Budget 2024-25 speech.

"While India stands to benefit from the re-orientation of global supply chains in the post-pandemic world, our growth and prosperity must be driven by job creation. It is a collective responsibility, and the Indian private sector ...