NITI Aayog Says 35.3 Lakh New Jobs Created In Six Months Till February

NITI Aayog to release payroll data from government bodies every month from now on.

PTI
Commuters and pedestrians walk past the Chhatrapati Shivaji Terminus railway station in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Government think tank NITI Aayog today said 35.3 lakh new jobs were generated between September 2017 and February 2018, according to data released by retirement fund body Employees’ Provident Fund Organisation and Pension Fund Regulatory Development Authority.

We may as well as bid goodbye to the days of analyses based on random sample surveys. Hopefully, this would also end the debate regarding and criticisms about jobless growth in the economy
NITI Aayog

Also Read: Jobs The Biggest Risk To India Growth Story, Says Paul Krugman

A more constructive phase of focusing on deriving the most out of this data for furthering development should now begin, the think tank said. India has, for the first time, introduced monthly payroll reporting for the formal sector to facilitate analysis of new and continuing employment, it added.

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