The Union Government led by Prime Minister Narendra Modi on 9 May 2017 created a task force on employment data. The task force to be headed by NITI Aayog Vice Chairman Arvind Panagariya and will be responsible for creating a methodology to generate timely and reliable employment data. In view of the importance of timely and reliable data on employment, Prime Minister Narendra Modi has directed his Office and concerned Ministries to come up with a solution to fill the long-standing gap in the country’s statistical architecture.
Besides, the Prime Minister directed that the task is expedited so that policies on employment can be formulated with a proper appreciation of impacts, based on credible data. The government said, it attaches the highest priority to job creation but the lack of a reliable, timely data on employment has made it difficult for policymakers and independent observers to assess the extent of employment generation at different points of time.
The credible data on jobs will help the policy planners to access the impact of policies on the job and look forward to creation of new jobs, which was the major promise of the government led by PM Modi. The NDA will start its fourth year in power on 26 May 2017. CRISIL, a credit rating agency, says, around 18 million people enter the workforce annually in India. On the other hand, industry lobby group Confederation of Indian Industry (CII) says that between 2011-12 and 2015-16, India created 3.65 million jobs annually, which means India faces the challenge of job creation.