Media & entertainment to emerge big job creator in post-Covid India: Thakur

Union Minister of State for Finance Anurag Thakur on Tuesday said work from home is here to stay and the media and entertainment industry is likely to emerge as one of the biggest employment generators in post-Covid India

“The current pandemic and lockdown situation has shown us that work from home is here to stay. We have to look for opportunities in this crisis. This is the right time for India to grow,” he said, adding that digital platforms can help us grow faster. “We see huge space of employment and growth in the media and entertainment space,” he said.

The Union Minister said the Modi government was doing everything possible for India and India Inc. “India will sail through these testing times and triumph,” he said.

Thakur, also the Union Minister for Corporate Affairs, said the government has announced two decades of reforms in a span of just two weeks and it is swiftly implementing the same. Sharing his thoughts at FICCI Frames through video conferencing, he said the coronavirus pandemic has unsettled the long-term plan of the nation. The pandemic has refined the labour market and disrupted global supply chains.

“Covid-19 pandemic has created uncertainties in every aspect of businesses. No one can predict when this pandemic will end. At the Finance Ministry, we are regularly evaluating the situation. The Atmanirbhar package will have a multiplier effect on the economy,” he said.

Prime Minister Narendra Modi announced the Rs 20 lakh crore financial package in May in a bid to revive the Covid-hit economy.

The country’s Covid tally raced past the 7 lakh mark on Tuesday, five days after crossing the 6 lakh mark, after a single-day spike of 22,252 infections. The death toll has breached the 20,000 mark, according to the Union Health Ministry data.

It took 110 days for coronavirus infections in the country to reach the 1 lakh mark, and then just 49 days to go past the 7 lakh mark.

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