ANI "it is difficult to give numbers. I don't have any forecast with me right now but in my personal capacity I can say that if economic growth momentum continues at this pace then within 6 to 9 months India will recover job losses which occurred due to pandemic." "However, this doesn't mean that it will resolve the problem of unemployment, but the job losses that occurred in the country due to Covid-19 will be recovered in 6 to 9 months if economic activity continues," he said.
There is no fear of any job loss or salary cuts as witnessed during the period of lockdowns, the situation is improving, he said. “I believe that if there is growth, there will be jobs.
The impact has been much severe on contact-based services such as tourism, retail trade, hotel, entertainment and recreation.
The last two years were the worst for this sector. Although the overall sector first contracted by 8.4% in 2020-21, it is then estimated to grow by 8.2% in 2021-22," he said.