NEW DELHI: The universal basic income scheme announced by Congress president Rahul Gandhi on Monday is just one part of the party’s poll promise to ensure minimum income to every household. The Congress has also prepared a road map for generating jobs An internal document – ‘Jobful Growth – How to Achieve It in 2019-2024’, prepared by the Rajiv Gandhi Institute of Contemporary Studies – which charts a road map for creating 70 million jobs in the next five years, has been submitted to the party president.“If we are aiming at a policy breakthrough in employment of all the new entrants to the labour force plus the backlog of the unemployed, a total of 7 crore jobs need to be created in the 2019-2024 period,” reads the document, a copy of which has been seen by ET. “This represents a compounded annual growth rate of 3.2% per annum for employment, as against an estimated 0.8 to 1.2% in the past eight years.”The document estimates that there are 29.4 million people looking for jobs at present, and that another 40.7 million people will enter the job market between 2019 and 2024, pushing the total job requirement to a little more than 70 million.Emphasising that a strong political will is needed to implement the plan, the paper says, “Generating near full employment in any economy with a high annual increment to the labour force, is a proposition that will require a massive political will to redirect public investments towards sectors that generate employment. All this requires deep thinking and this paper merely makes a beginning.”The 12-page document recommends a new model for job creation which it terms ‘Job Yantra’. The model focuses on high employment generating sectors, which account for about 30% of gross domestic product (GDP) but generate 72% of jobs. Its focus areas include agriculture; regeneration of natural resources; housing and lower end infrastructure building; manufacturing through micro, small and medium enterprises; and services.