Jobs not lacking, data on jobs lacking, says Modi

New Delhi: The Opposition has been painting a picture of their choice on the job front because there is not sufficient data available on employment, says Prime Minister Narendra Modi.

 I don’t blame our opponents for blaming us on the issue of jobs, after all no one has an accurate data on jobs.  Modi said in an interview with magazine, Swarajya 

“More than a lack of jobs, the issue is a lack of data on jobs. Our opponents will naturally exploit this opportunity to paint a picture of their choice and blame us. I don’t blame our opponents for blaming us on the issue of jobs, after all, no one has an accurate data on jobs,” Modi said in an interview with Swarajya magazine.

He said the traditional matrix of measuring jobs is simply not good enough to measure new jobs in the new economy of New India”, and underlined that this does not take into account the ‘interests and aspirations of our youth.’

“For example, there are close to three lakh village-level entrepreneurs who are running Common Service Centres across the country and also creating more employment. Start-ups are working as job multipliers and there are around 15,000 start-ups, which the government has helped in some way, and there will be many more operational. Aggregators of various kinds employ thousands of youth.

“If we look at numbers for employment, more than 41 lakh formal jobs were created from September 2017 to April 2018 based on EPFO payroll data. According to a study based on EPFO data, more than 70 lakh jobs were created in the formal sector last year,” Modi said. The Prime Minister pointed out that job creation in the formal sector could have a spinoff effect on job creation in the informal sector too, which constitutes around 80 per cent of all jobs.

“If 41 lakh jobs were generated in the formal sector in eight months, how much would be the total formal plus informal sector jobs?”

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