Varying, and equally confusing, job creation data are being thrown up every other day, each contradicting the other by a fair margin. The government, and policy think tank NITI Aayog, seem to have taken a middle path with claims of 7 million job creations during the year. In response, the economist has thrown an open challenge to debate the job creation numbers with Vyas. “The current payroll data, claiming creation of 3.46 million jobs in six months ended 28 February, is a good beginning to streamline jobs statistics. The Union labour ministry, too, is considering a proposal to bring establishments deploying less than 10 people into the fold of job creation data.
Source: Mint May 26, 2018 08:26 UTC