We, therefore, do not include it in our measure of employment at all and argue that nor should anyone else. In that period, the fastest increase in employment has been from 2017-18 to 2022-23 when about 80 million additional employment was reported. This translates to about 3.3 per cent growth annually, much higher than population growth during the period. At the same time, such a large increase in Direct Cash Transfers in this period may have also contributed to greater employment opportunities. To us, it is evident that there are many contradictory stories playing out simultaneously where employment growth is concerned.

Source: Indian Express May 14, 2024 17:21 UTC