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Govt quotes provident fund and income tax data to corroborate job creation

The government quoted data from provident fund records, Income Tax filings and the National Pension System (NPS) to support its argument in favour of job creation. PM Narendra Modi said new jobs were created in the unorganised sector, which accounts for 80-85% employment, citing an increase in the sale of commercial vehicles, infrastructure building and housing activities. He said about 1.8 crore people had enrolled in the EPF in the past 15 months, and 64% of them were first-time employees. He said employee registration under the NPS jumped from 65 lakh in March 2014 to 1.2 crore till October 2018. 

Read More at The Economic Times News date : 11 Feb 2019, Monday

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