-The Indian Express To lend weight to his argument, he referred to employment figures available in the system including EPF, NPS, formal and informal sector. He talked about job growth and employment towards the end of his speech. New Delhi: Rejecting criticism that the government failed to create enough jobs, Prime Minister Narendra Modi on Friday said over one crore jobs were created in the country over the past one year. The...
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New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data
A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
More »'Dismantling India': A grim account of 4 years of Modi government -Bhasha Singh
-National Herald Titled ‘Dismantling India’ and put together by a team of distinguished experts, the study complains about the failing economy, rising unemployment, atrocities against minorities under the BJP govt A damning report scrutinizing the performance of the Narendra Modi government in its first four years was released on Saturday. In last four years of Modi government, there have been 214 reported cases of attack on civil society and freedom of expression, 228...
More »The paradox of job growth -R Nagaraj
-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...
More »Measuring Economic Development: Data points undergo changes in 4 yrs -Aanchal Magazine
-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...
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