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Charge of jobless growth during NDA regime 'spurious': Niti V-C

Monday, December 03, 2018

Terming the criticism of jobless growth during the NDA government as "spurious", Niti Aayog Vice-Chairman Rajiv Kumar has said that 70 lakh jobs were created in the financial year 2017-18 alone.

Kumar further said that growth in sales of transport vehicles, huge disbursement of Mudra loans and EPFO data show that enough opportunities for employment and self-employment were created during the past four years of the National Democratic Alliance (NDA) government.

Recently, former Prime Minister Manmohan Singh had said the BJP-led government's promise to generate two crore jobs annually has turned out to be a "gimmick".

"With all due respect, former Prime Minister Manmohan Singh does not put forward the data (on employment generation), I think this is a spurious charge and I think the debate should be much more on further improving the quality of the jobs," Kumar told PTI.

Noting that production of trucks, three-wheelers and auto rickshaws is rising significantly, Kumar said: "According to EPFO data, 70 lakhs jobs were created in 2017-18".

The Narendra Modi-led NDA government came to power in May 2014.

He further said if unemployment is rising in the country then real wages in both rural and urban regions should decline, but it's not happening.

"So, what is the basis for this (criticism of jobless growth during the NDA regime)? I think, the purpose is negative discourse for political aims and does not reflect economic reality," Kumar asserted.

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