Govt to conduct new survey on employment, says Bibek Debroy
The government will conduct a new national sample survey on employment, which will show that there has been "substantial job creation", prime minister's economic advisory council chief Bibek Debroy has said.
The government will conduct a new national sample survey on employment, which will show that there has been "substantial job creation", prime minister's economic advisory council chief Bibek Debroy has said. In a video clip posted on the Facebook page of Defence Minister Nirmala Sitharaman, Debroy also said a large part of what happens to "jobs, employment, the business environment is in the province of the states".
"We will have a new round of the NSS which will soon be announced and I am sure that that particular survey will show that there has been substantial employment and substantial job creation," Debroy, who is the Economic Advisory Council to the Prime Minister (EAC-PM) chairman, said. Debroy clarified to PTI that the video was shot two weeks ago.
In the video, the EAC-PM chairman also pointed out that India does not have any robust statistical data on job creation after the year 2011-12. Stating that India's labour force is still informal and unorganised, he said: "The enterprise surveys provide a very imperfect understanding of what is happening to employment in India."
Debroy said the real issue is not the number of jobs created but the quality of jobs and wage rates. Noting that the government per se can only provide a limited number of jobs, Debroy also said the bulk of jobs would have to be created outside the government.
"And this is precisely what the Modi government has been doing by pushing self-employment, by pushing entrepreneurship. "This is what the prime minister means when he talks about StandUp India, StartUp India," the EAC-PM chief said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
09:59 PM IST