Business News Desk – Questions have been constantly raised about unemployment in the country. People say that the youth of the country do not have jobs. But sometimes such figures come out which surprise people. Last year, there were 18 lakh jobs in the financial sector which no one was ready to take. This claim has been made by Krishna Mishra, CEO of Financial Planning Standards Board.
There is no dearth of employment in the financial services sector
Krishna Mishra said that there is no lack of employment in the financial services sector. The problem here is different. There are jobs, but there is no one to take them. Citing the Central Government's National Career Services Portal, he said that last year 46.86 lakh jobs were created in the financial service. Out of these, only 27.5 lakh posts could be filled, the remaining 18 lakh posts remained vacant. The biggest reason for this is said to be the lack of skills among the youth. There are jobs, but there is a huge shortage of qualified persons in the country.
1.5 lakh people will get employment in GIFT City
He said that about 6000 people are working in the financial services sector in GIFT City being built in Gandhinagar, Gujarat. GIFT City will provide employment to about 1.5 lakh people in the next 5 years. According to Krishna Mishra, jobs are always available in banks, insurance companies, brokerage houses and mutual fund companies. If you search for jobs online, you will find that most of the jobs are available in the financial services sector.
1 lakh certified financial planners will be needed
FPSB runs the International Certified Financial Planner (CFP) certification program. While there are 2.23 lakh CFPs worldwide, there are only 2,731 in India. By the year 2030, there will be around 10 thousand CFPs in the country, while the need will be at least 1 lakh people. Personal finance has not been taken seriously in India yet. It has been considered a thing for the rich. But, in the future, everyone will need it.
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