TIL Desk/National/New Delhi/ PM Narendra Modi will oversee a review of job creation and data collection on employment on Sunday in an exercise that is intended to frame a policy response to criticism that GDP growth has not translated into higher employment.
Job creation was an essential element of BJP’s poll pitch in 2014 and the government is keen to address the issue well before the next national election. The concern is that unless the issue is clarified and job creation and employment clearly authenticated, the issue will become an Achilles heel for the ruling party.
The official data is seen to suffer from some shortcomings in terms of the sectors it covers, its mapping of the informal economy and whether there is a sufficient distinction between jobs and self-employment.
The charge of “jobless growth” had dogged the previous UPA government as well and the Modi government is keen to examine both employment avenues and data generation. The meeting comes at a time when top policy-makers feel there is a lack of credible and timely job data that makes it difficult to assess job creation.