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Budget 2018: Jaitley promises 70 lakh new formal jobs in 2018-19

WION Web Team
New Delhi, Delhi, IndiaUpdated: Feb 01, 2018, 07:57 AM IST

Finance Minister Arun Jaitley. Photograph:(Zee News Network)

Finance Minister Arun Jaitley promised 70 lakh formal jobs in 2018-19 while presenting the annual Budget Thursday. 

The lack of jobs has been one of the harshest -- if not the harshest -- criticism against the current NDA government. 

Experts say the number of new jobs needed every month is a million jobs a month. 

The experts add that the double whammy of demonetisation and GST led to a massive cutting of jobs, especially in the informal sector.