Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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-Outlook&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;
&lt;br /&gt;
Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Outlook&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;&lt;br /&gt;Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot; title=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Outlook&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;
&lt;br /&gt;
Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited...&#039;
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Social security enrolment of workers is not a good measure of how many new jobs are created

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                <strong>The Numbers Hide The Story -Lola Nayar</strong></h1>
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                <div align="justify">-Outlook<br /><br /><em>Social security enrolment of workers is not a good measure of how many new jobs are created<br /></em><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br /><br />Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br /><br />Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399" title="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br /></div>               </font>
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-Outlook&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;
&lt;br /&gt;
Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Outlook&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;&lt;br /&gt;Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot; title=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;The Numbers Hide The Story -Lola Nayar&#039;,
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-Outlook&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;
&lt;br /&gt;
Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Outlook&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;&lt;br /&gt;Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot; title=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited..."/>
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                <strong>The Numbers Hide The Story -Lola Nayar</strong></h1>
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                <div align="justify">-Outlook<br /><br /><em>Social security enrolment of workers is not a good measure of how many new jobs are created<br /></em><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br /><br />Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br /><br />Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399" title="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6800d7c3d7a19-trace').style.display = (document.getElementById('cakeErr6800d7c3d7a19-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6800d7c3d7a19-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6800d7c3d7a19-code').style.display = (document.getElementById('cakeErr6800d7c3d7a19-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6800d7c3d7a19-context').style.display = (document.getElementById('cakeErr6800d7c3d7a19-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6800d7c3d7a19-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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-Outlook&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;
&lt;br /&gt;
Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-Outlook&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;&lt;br /&gt;Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot; title=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
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	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-Outlook&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;
&lt;br /&gt;
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;
&lt;br /&gt;
Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-Outlook&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Social security enrolment of workers is not a good measure of how many new jobs are created&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &amp;shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&amp;shy;wers. Labour ministry sources too are wary of giving any straight ans&amp;shy;wer on the doubts raised.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;We can&amp;rsquo;t distinguish between formalisation and new jobs,&amp;rdquo; says a senior off&amp;shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&amp;rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&amp;rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&amp;rsquo; commitment.&lt;br /&gt;&lt;br /&gt;As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&amp;shy;entive period. &amp;ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&amp;shy;ortant in the past for tracking employment,&amp;rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&amp;rsquo;s central board of trustees. &amp;ldquo;Fluctuation in EPF data is nothing new. The emp&amp;shy;loyment market has become very volatile. What many people fail to take into account when basing emp&amp;shy;loyment data on EPF is that a large number of jobs are seasonal or dem&amp;shy;and-driven. An emp&amp;shy;loyee may opt to withdraw the PF while on the look-out for the next job.&amp;rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.&lt;br /&gt;&lt;br /&gt;Pro-labour reforms have been long pending with policymakers mostly unw&amp;shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &amp;ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&amp;rdquo; says Upadhyay. &amp;ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot; title=&quot;https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
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Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited..."/>
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                <strong>The Numbers Hide The Story -Lola Nayar</strong></h1>
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                <div align="justify">-Outlook<br /><br /><em>Social security enrolment of workers is not a good measure of how many new jobs are created<br /></em><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br /><br />Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br /><br />Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399" title="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br /></div>               </font>
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-Outlook<br />
<br />
<em>Social security enrolment of workers is not a good measure of how many new jobs are created<br />
</em><br />
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br />
<br />
&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br />
<br />
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br />
<br />
&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br />
<br />
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br />
<br />
Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br />
<br />
Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br />
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited...',
	'disp' => '<div align="justify">-Outlook<br /><br /><em>Social security enrolment of workers is not a good measure of how many new jobs are created<br /></em><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br /><br />Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br /><br />Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399" title="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br /></div>',
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-Outlook<br />
<br />
<em>Social security enrolment of workers is not a good measure of how many new jobs are created<br />
</em><br />
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br />
<br />
&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br />
<br />
Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br />
<br />
&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br />
<br />
As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br />
<br />
Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br />
<br />
Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br />
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$metaKeywords = 'informal economy,informal employment,Formal Employment,Job Creation,Job cuts,Job Insecurity,job loss,Job Seekers,jobless growth,joblessness,jobs,Employment,employment data,Social Security,Social Security Enrollment,Employee State Insurance Corporation (ESIC),Employees' Provident Fund,Employees' Provident Fund Organisation (EPFO)'
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-Outlook

Social security enrolment of workers is not a good measure of how many new jobs are created

Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited...'
$disp = '<div align="justify">-Outlook<br /><br /><em>Social security enrolment of workers is not a good measure of how many new jobs are created<br /></em><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is &shy;being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans&shy;wers. Labour ministry sources too are wary of giving any straight ans&shy;wer on the doubts raised.<br /><br />&ldquo;We can&rsquo;t distinguish between formalisation and new jobs,&rdquo; says a senior off&shy;icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees&rsquo; Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer&rsquo;s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers&rsquo; commitment.<br /><br />As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc&shy;entive period. &ldquo;Unfortunately, everybody is going by provident fund data, which was never considered imp&shy;ortant in the past for tracking employment,&rdquo; says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO&rsquo;s central board of trustees. &ldquo;Fluctuation in EPF data is nothing new. The emp&shy;loyment market has become very volatile. What many people fail to take into account when basing emp&shy;loyment data on EPF is that a large number of jobs are seasonal or dem&shy;and-driven. An emp&shy;loyee may opt to withdraw the PF while on the look-out for the next job.&rdquo; In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security.<br /><br />Pro-labour reforms have been long pending with policymakers mostly unw&shy;illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. &ldquo;If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,&rdquo; says Upadhyay. &ldquo;Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.&rdquo;<br /><br />Please <a href="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399" title="https://www.outlookindia.com/magazine/story/the-numbers-hide-the-story/300399">click here</a> to read more. <br /></div>'
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The Numbers Hide The Story -Lola Nayar

-Outlook Social security enrolment of workers is not a good measure of how many new jobs are created Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is ­being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans­wers. Labour ministry sources too are wary of giving any straight ans­wer on the doubts raised. “We can’t distinguish between formalisation and new jobs,” says a senior off­icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees’ Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer’s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers’ commitment. Employment data has always been a subject of debate in India, more so now that the surge in social security enrolments is ­being cited as evidence to press home that 41.26 lakh new jobs were created between September 2017 and April this year. The Central Statistics Office data earlier this month raises more questions than it ans­wers. Labour ministry sources too are wary of giving any straight ans­wer on the doubts raised. “We can’t distinguish between formalisation and new jobs,” says a senior off­icial, referring to the surge in the number of employees who have come under social security schemes such as Employees Provident Fund (EPF) and Employees’ Pension Scheme (EPS). The surge in enrolment is mostly due to the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), under which the government pays the employer’s share of contribution in the social security schemes for three years. Covering new employees earning up to Rs 15,000 per month, the government has to pay 3.67 per cent as EPS and 8.33 per cent as EPF contributions during that period. As a result, 54 lakh employees have been enrolled in the two schemes in less than two years, and the government has contributed Rs 1,200 crore to meet the employers’ commitment. As against the government target of five lakh enrolments per year, labour ministry officials point out the enrolments have far surpassed the targets as companies strive to push for formalising employment during the three-year inc­entive period. “Unfortunately, everybody is going by provident fund data, which was never considered imp­ortant in the past for tracking employment,” says Bharatiya Mazdoor Sangh (BMS) secretary-general Vrijesh Upadhyay, who is also a member of the EPFO’s central board of trustees. “Fluctuation in EPF data is nothing new. The emp­loyment market has become very volatile. What many people fail to take into account when basing emp­loyment data on EPF is that a large number of jobs are seasonal or dem­and-driven. An emp­loyee may opt to withdraw the PF while on the look-out for the next job.” In many cases, in fact, the enrolled employee may well have been working on a contract basis with the same company, but without any social security. Pro-labour reforms have been long pending with policymakers mostly unw­illing to take on the might of corporate lobbies. In the pre-GST era, an estimated 2.5 lakh companies were suspected to be operating without registration. “If each of these companies were employing an estimated 10 workers each, then 25 lakh employees were outside the social security and welfare schemes for workers,” says Upadhyay. “Formalisation in the employment of these 25 lakh people could have spiked up the EPFO enrolment.” Please click here to read more.