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Country's unemployment rate falling: Labour Minister
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SME Times News Bureau | 19 Jun, 2017
Amid the raging debate on jobless growth in India, Union Labour Minister
Bandaru Dattatreya said on Saturday that the rate of unemployment is
going down in India.
Talking to reporters here, Dattatreya said his ministry would soon share with the public the data on unemployment.
The
minister's remarks came even as the NDA government faced severe
criticism for promoting "jobless growth", after a Labour Bureau
quarterly survey showed that only 1,35,000 jobs were added by certain
sectors in a quarter in 2015.
Another survey by the Labour Bureau
said that unemployment in India was at a five-year high of five per
cent of the workforce who are 15 years and above.
Dattatreya said
that while employment was being generated through a slew of initiatives
taken by the government, including Make in India, Skill India and
Digital India missions, the problem was with the collection of data.
"To capture data more accurately, we need to do it through some new initiatives," he said.
Facing
criticism for not creating enough jobs, the government set up a task
force in May to produce authoritative annual nationwide employment data
based on household surveys.
Labour Secretary M. Sathiyavathy, who
is part of the task force headed by NITI Aayog Vice Chairman Arvind
Panagariya, said the quarterly reports coming out of the Labour Bureau
were unreliable for measuring employment as the sample size was "very
small".
"It is an enterprise-based survey covering about 10,600 enterprises across only eight sectors, she said.
"The biggest challenge is that the Labour Bureau survey covers only those enterprises which employ more than 10 people.
"In
India, 98.5 per cent of the enterprises have less than ten employees.
So we are, in effect, not covering 98.5 per cent of the enterprises in
the country," Sathiyavathy told reporters.
She said there was a need to expand this survey to ensure that it reflected the actual ground reality.
"So,
the idea of the task force is to focus on these issues and ensure that
we come up with some methodologies wherein we come out with a survey or
any other way of data analytics where real situation on the ground is
reflected."
According to her, the task force would give its recommendations by next week.
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