Report saying joblessness reached 45-year high ‘not verified’: NITI Aayog

Report saying joblessness reached 45-year high ‘not verified’: NITI Aayog

Report saying joblessness reached 45-year high ‘not verified’: NITI Aayog

This report is one of the reasons why two expert members - including the acting chairman - of the National Statistical Commission resigned on Monday, as the government had not released the numbers despite the commission's approval. The Fuhrer promised us 2 crore jobs a year.

Referring to the issues concerning labour force survey, which is conducted by the NSSO under MoSPI, it said: "NSSO is processing the quarterly data for the period, July 2017 to December 2018, and the report will be released thereafter".

Niti Aayog CEO Amitabh Kant recounted the major problems facing our economy.

The report further said that unemployment was higher in urban areas (7.8%) as compared to 5.3% in rural areas of the country, as mentioned in a report in Business Standard. But we need to look at the quality of jobs.

But another senior official, dealing with data, said the government was delaying the release of the survey as the findings were so dismal, and there were plans to incorporate data on persons added in the social security network that could help improve the overall picture.

A report by the National Sample Survey Office on its periodic labour force survey has said that the unemployment rate in India had risen to its highest level for 45 years.

"We have not released the report".

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The data showed that the Indian economy grew at an average of only 6.67 per cent in the nine years through 31 March 2014 (UPA tenure), slower than the 7.35 per cent achieved in the four years through 31 March 2018 (NDA tenure).

Though India's economy has been expanding by 7 percent plus annually, uneven growth has meant that new jobs are not keeping pace.

Himanshu, an associate professor at New Delhi's Jawaharlal Nehru University who specialises on development economics, said that the jobs crisis was everywhere to see. 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.

Some sociologists say that there are instances of a correlation between high unemployment and an increase in criminal behaviour.

The survey is the first solid assessment of the country's employment status since November 2016, when Modi jolted the nation with demonetisation, the report stated.

A report released by the All India Manufacturers' Organisation said last month 3.5 million jobs had been lost since 2016, mainly due to demonetisation and rising working costs after the launch of the national tax.

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