Here’s What Modi Govt Said on Unemployment Data Row

Here’s What Modi Govt Said on Unemployment Data Row

Here’s What Modi Govt Said on Unemployment Data Row

Niti Aayog Vice Chairman Rajiv Kumar, who had previously mounted a defence of lowering of UPA-era GDP growth rates, at a press conference Thursday said the report cited by the newspaper "is not finalised".

"The government has not released data on employment as it is still being processed". When the data is ready we will release it. Data collection method is different now; we are using a computer assisted personal interviewee in the new survey.

According to a newspaper report quoting a government survey, India's unemployment rate rose to a 45-year high during 2017-2018.

That year, when India was just coming out of a war with Pakistan and hit by global oil shocks like other oil-importing countries, the unemployment rate was 5.18 percent. If the report is made public, and if it does show that unemployment peaked in the aftermath of the note ban, it will deflate the government's relentless attempt to give the drastic measure a positive spin.

The question of jobs will be one of the biggest factors that will decide whether the Modi government will be able to return to the helm for a second time after the general election later this year. With their departure the body is left with just Chief Statistician Pravin Srivastava and plan body NITI Aayog's Amitabh Kant.

PM Modi came to power in 2014 promising to galvanise the economy and boost employment prospects for the millions of young Indians entering the job market each year.

"We have not released the report".

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That report said the job losses were mainly due to demonetisation and rising working costs after the launch of a national sales tax in July 2017, which led to hundreds of thousands losing jobs in small businesses. But we need to look at the quality of jobs.

Rahul Gandhi, the leader of the main opposition Congress party who the polls show is closing in on Modi's lead in the May election, said the job report showed "a national disaster". The unemployment rate for rural women stood at 13.6 percent, compared to 4.8 percent in 2011-12.

High levels of unemployment were registered for the educated youth both rural and urban.

According to Business Standard, the report states that unemployment was last this high in 1972-73.

Although, as per a report published by the Center for Monitoring Indian Economy, around 11 million people lost their jobs in 2018 and the BJP government remained mum over it.

A statistics ministry official said the NSSO had submitted the report, but it was up to the government to decide when it should be released.

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