Tech Mahindra has announced the launch of Saral Rozgar Cards in Kolkata today with an objective to create a common pool of jobs and job providers.

With the launch of the card, Saral Rozgar aims to provide a simple, easily accessible, and low-cost nation-wide service to jobs seekers in the under-graduate category and job providers. The service will facilitate easy access to a plethora of jobs and candidates across India via mobile.

As per CII, only 14% of the 500 million Indian workforce accounts for the formal sector and the remaining 86% are part of the unorganized sector. Nearly 12 million people join the workforce every year. Over the next two decades, India is estimated to add 25% to the world’s workforce.

Jagdish Mitra, Head - Mobility, Tech Mahindra commented, ''As part of our philosophy, we are the Mahindra Group and constantly enabling people to rise in all facets of life through technology innovations. Saral Rozgar is one such inclusive innovation. In the past 2 years we have registered close to 2 million subscribers spread across 800 locations in India and have successfully engaged more than 50,000 job seekers with prospective employers. We are excited to introduce Sarak Rozgar Cards in West Bengal. Our aim is to reduce the socio-economic gap by ensuring that job seekers get ample job opportunities. We have placed more than 1 L Saarl Rozgar Cards at more than 6000 mobile recharge and FMCG kirana outlets in Kolkata and the surrounding districts.''

Shares of the company declined Rs 49.3, or 1.98%, to trade at Rs 2,438.50. The total volume of shares traded was 26,359 at the BSE (2.48 p.m., Tuesday).