Self-employment has created the majority of jobs (farm and non-farm) in the Indian economy over the past six years, with numbers surging from 23.9 crore in FY18 to 35.8 million in FY24, according to HSBC Bank's Employment Trends in India report.

The annual CAGR is a “healthy” 7%, it added, with self-employment category taking pole position among categories across the Indian labour market, against casual labour and salaried work, ANI reported citing the study. Also Read | Warren Buffett's final investments rocket Alphabet stock 5% after rare tech bet

How did different job categories perform?

Self-employment has jumped from around 23.90 crore in FY18 to near 35.80 million in FY24, according to HSBC Bank's Employment Trends in India report.

On the other hand, salaried jobs or re

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