-The Indian Express “The number of jobs created under the MUDRA scheme will be released after the polls as the Expert Committee found anomalies in the methodology used by the Bureau in arriving at the findings,” sources said. The Labour Bureau’s survey on the number of jobs created under the Micro Units Development & Refinance Agency (Mudra) scheme will not be made public for another two months making this the third...
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Labour Bureau submits report on jobs created by MUDRA loans -Priscilla Jebaraj
-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...
More »NSSO job loss report junked, Niti Aayog taps Mudra survey for data -Amitav Ranjan
-The Indian Express Findings of the Labour Bureau’s survey on jobs created under MUDRA scheme will be used to laud its achievement on this front. New Delhi: The NDA government plans to junk the National Sample Survey Office (NSSO) report on unemployment and, instead, use findings of the Labour Bureau’s survey on jobs created under the Micro Units Development & Refinance Agency (Mudra) scheme to laud its achievement on this front. Niti...
More »The shape of the jobs crisis -Santosh Mehrotra
-The Hindu India has no industrial policy or employment strategy to ride the wave of its demographic dividend Job creation has slowed since 2011-12, the year of the last published National Sample Survey Office (NSSO) labour force survey. I used Labour Bureau annual survey (2015-16) data and Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) data (post-2016), which has a sample size larger than the NSSO labour force surveys, to reach this...
More »Only 3% Mudra loans can generate monthly income of more than 10,000 -Prasanna Mohanty
-India Today The Narendra Modi government has claimed that its flagship Mudra loan scheme is generating employment. But, data shows a miniscule number of Mudra loans generate a return that satisfies even the minimum wage requirement. * The Modi-led govt has been showcasing the Mudra loan scheme to claim that millions of jobs are being created * There is no official data available on the number of jobs created due to the Mudra...
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