Friday, October 08, 2010

CWG all set to create over five lakh jobs 

TNN reports that Rs 4500 crores are expected to be generated as revenue during the CWG games, because of various promotional and sponsorship activities.

The Associated Chambers of Commerce and Industry of India (Assocham) said that this could result in increasing GDP from Rs 1,17,000 crore to Rs 1,75,000 crore —i.e. an increase of 49%.
Due to the inflow of foreign tourists, revenue of Rs 540 crores are expected to be earned by Delhi Tourism and Transportation Development Corporation (DTTDC), privately owned hospitals in Delhi and NCR and Delhi International Airport. Delhi and its neighbouring states would be benefited the most due this huge revenue generation.

This is the biggest sporting event that has been hosted by our country. And thus it is also expected to generate employment opportunities for over 5 lakh people. The opportunities would come up in aviation, hospitality, engineering, medical and eco tourism sectors. Since Delhi and Mumbai have been modernized along with revamping of 35 metro airports, it is expected that additional 2.5 lakh jobs would be created.

According to Sunil Yash Kalra, the writer of the book “Road to Commonwealth Games 2010, far reaching effects would be seen in our country due to these games. Many real estate projects have been started here and Delhi’s physical landscape has been improved. All this would contribute in establishing a world class infrastructure in India.

Even the job opportunities in unorganized sector would increase. People would be able to get work in activities like ceremony hosting, dope control, image and look, legal and spectator control.

But all these positive trends should be sustainable and India should be able to reap it benefits in complete way. There would be the need of development of technical skills if additional jobs have to be created and growth rate to be sustained. 

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