Gandhinagar, Aug 13
The Gujarat government has approved applications from 22 major enterprises involving investments of Rs 1,478.71 crore, expected to generate more than 4,136 new jobs.
The decision was taken at a meeting chaired by Industries Minister Balvantsinh Rajput to grant final eligibility certificates under the 'Incentive to Industries' scheme.
The newly approved projects span diverse sectors and districts: Ahmedabad (metal, paper, food-agro, cement-concrete) with Rs 383.91 crore, Kutch (metal) with Rs 227.77 crore, Bharuch (chemical, ceramic) with ₹218.88 crore, Mehsana (paper) with Rs 55.23 crore, Morbi (ceramic, metal, paper, textile) with Rs 167.70 crore, Rajkot (metal) with ₹36.22 crore, Valsad (chemical, plastic, paper) with ₹359.47 crore, and Surendranagar (paper) with Rs 29.53 crore.
Gujarat has emerged as one of India's strongest employment performers, with the labour force participation rate rising to 48.1 per cent in 2022–23 from 39.6 per cent five years ago, an 8.5 percentage point jump, nearly double the national gain.
The state's overall unemployment rate is among the lowest in the country at 1.7–1.8 per cent, compared to the national average of 6.6 per cent, while youth unemployment (ages 15–29) stands at just 5.1 per cent, also one of the lowest nationally