EPFO numbers on jobs are bogus, say labour activists - News Summed Up

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EPFO numbers on jobs are bogus, say labour activists


more-inLabour activists and unions have debunked the State government’s claims of having created more than eight lakh jobs in seven months in the organised sector. As per the EPFO statistics, the State created eight lakh jobs in the organised sector in seven months, topping a list of six states, including Tamil Nadu and Gujarat. “The country has seen creation of 39.36 lakh jobs in the organised sector during the period from September 2017 to March 2018. Labour activists said the EPFO is merely focused on increasing its basket of equities and investing big in stocks. In this light, the Maharashtra numbers are completely bogus,” said Mr. Bhat.


Source: The Hindu May 27, 2018 18:45 UTC



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