Narendra Modi cites payroll data from EPFO to claim 1.2 crore jobs

Prime Minister Narendra Modi claimed on Tuesday that 1.2 crore formal employment will be created by 2021, citing payroll statistics from the Employees’ Provident Fund Organisation (EPFO), but the opposition pointed to eight lakh vacancies in the central government.

“Payroll data from the EPFO is accurate. In 2021, 1.2 crore new members registered on the EPFO website. 60 to 65 lakh of them are between the ages of 18 and 25, indicating that this is their first work. These are all official positions. According to reports, hiring has grown in recent years. While addressing on a motion of gratitude to the President’s speech to both Houses of Parliament, Modi told the Rajya Sabha that the industrial sector had improved, resulting in more jobs.

India’s jobless rate is now 7%, up from a four-decade high of 6.1 percent in 2017-18, according to the private research tank Centre for Monitoring Indian Economy.

After Modi finished speaking and the Rajya Sabha began debating the Union budget, Congress leader P. Chidambaram provided data on empty positions in central government offices and agencies to the Upper House.

The EPFO data, according to Trinamul Congress MP Jawhar Sircar, cannot be trusted because the job situation on the ground is dire. According to him, India’s labour force participation rate, or the percentage of individuals wanting to work, was 40%, the lowest in the world.

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