India created only 1.35 lakh jobs in 2015 in comparison to 4.19 lakh in 2013 and 9 lakh in 2011. As many as 550 jobs have disappeared every day in last four year, a study has claimed. The data clearly points to the fact that job creation in India is successively slowing down.
Amazon recently launched its much awaited Global Store in India. The new store will allow Indian consumers to purchase products directly from US. Amazon's 'Global Store' will give Indian customers access to over 4 million products from international brands on US website and pay in local.