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New report will show ‘substantial increase in jobs’ says, PM Modi’s economic advisor Bibek Debroy

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New report will show 'substantial increase in jobs' says, PM Modi's economic advisor Bibek Debroy

Chairperson of Prime Minister’s Economic Advisory Council (PMEAC) Bibek Debroy said that they will prepare a fresh report on substantial employment and substantial jobs creation. The National Sample Survey Office (NSSO) has said according to its Periodic Labour Force Survey that recorded the unemployment rate in India at a 45-year-high

The Periodic Labour Force Survey is the first annual household survey of the National Sample Survey Office and data was collected between July 2017 and June 2018. The leaked report recorded unemployment rate of 6.1 per cent in 2017-18, giving Congress an opportunity to attack the BJP government.

Prime Minister’s Economic Advisor, Bibek Debroy said, “One of the things, we sometimes do not realise, is that we do not have robust statistical data on job creation for 2011-2012. So, much of the discussion happens on basis of data which is dated. 2011 was last year when NSS had large scale surveys on the state of employment generation. That does not prevent people from discussing them.”

He continued, “We will have a new round of the NSS which will be soon be announced and I am sure that that particular survey which will show that there has been substantial employment and substantiated job creation.”

Two independent members of the National Statistical Commission had resigned this week after the government allegedly failed to publish the report that was prepared last month. The report is still not public.

Rahul Gandhi took to his official Twitter handle after the NSSO’s Periodic Labour Force Survey reports got leaked, he said, “NoMo Jobs! The Fuhrer promised us 2 Cr jobs a year. 5 years later, his leaked job creation report card reveals a National Disaster. Unemployment is at its highest in 45 yrs. 6.5 Cr youth are jobless in 2017-18 alone. Time for NoMo2Go,” he tweeted with the hashtag ‘HowsTheJobs’.

The Centre for Monitoring Indian Economy (CMIE) had estimated that 1.5 million jobs were lost just in the first four months of 2017.

This was the first survey on employment by a government agency after Prime Minister Narendra Modi announced demonetisation of Rs 500 and Rs 1,000 currency notes in November 2016.

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