PM Modi to take stock of India's job situation on June 18

14 Jun 2017 10:54 AM | General
302 Report

Mumbai: Prime Minister Narendra Modi would take stock of country's job situation on Sunday. It may be noted that large job creation was major poll plank of Modi's Bharatiya Janata Party that registered sweeping victory in 2014 General Election.

Critics have slammed India's high GDP growth for the last two years as they said robust economic performance has not translated into country witnessing a surge in employment generation.

"The (Sunday's) meeting comes at a time when top policy-makers feel there is a lack of credible and timely job data that makes it difficult to assess job creation," a report said.

A task force headed by Niti Aayog chief Arvind Panagariya has prepared a detailed report on India's employment, unemployment data and country's capability to generate more jobs. Panagariya is set to make a strong presentation before the Prime Minitser at the meet.

"In my sense, the debate on jobs has happened in vacuum as some data are being referred to, and these are coming from the quarterly employment scenario reports the Labour Bureau does. There are very serious problems with these surveys," Panagariya as said.

However, just over 10,000 jobs a month are being created under Modi, the article cites government figures from 2015. "The scale of this failure is enormous, especially since it will add to the angry army of already underemployed young Indians," the article said.

 

Edited By

Shruthi G

Reported By

Shruthi G

Comments