India Inc upbeat on jobs: Grant Thornton

NDTV Profit 12/03/2009

"About 44 per cent businesses in India expect an increase in employment opportunities in the ensuing 12-months, while 16 per cent believe that employment opportunities would decrease and the rest (40 per cent) expect it to remain unchanged," the Grant Thornton International Business Report said. "Perhaps more worrying for employees is that a significant number of privately-held businesses (60 per cent) in India intend to increase salaries of their staff only in line with inflation," Grant Thornton India National Markets Leader Monish Chatrath said.

http://www.wcgt.in/assets/coverage/120309/NDTVProfitonline.doc