Opinion | Jobs growth claims in India: a fact check4 min read . Updated: 28 Aug 2018, 10:56 PM IST
The present government has incentivized employers to comply with the EPF law by making their contribution for three years to expand formal sector employment
Surjit Bhalla and Tirtha Das’ (B-D, hereafter) background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council (PMEAC) website (goo.gl/Y5CLtF)—a welcome initiative. It claims: “While there are no official employment surveys post 2015...there are several individual pieces of data suggesting a healthy growth in employment in 2017/18" (page 3), and concludes: “For the 2013-2017 period (a span of 3.75 years) net job creation was 22.1 million—a pace considerably higher than the 11 million jobs created between 2004/5 and 2011/12" (p. 4).