I am not politicking with an agenda Saar. My ask is simple. If the traditional employment metrics do not cover areas where we say new jobs are being created, we ought to evolve a new metric that makes all new job creation visible.
You sound like Modi now! In fact Modi did ask for the data and that too quality data and has urged to evolve new outcome measuring based metrics to measure not just the employment growth but everything else including swaach bharat.
Of course., if new data comes in you will question the metric if the data does not suit your outlook. And for creating a new metric., it takes time. Of course you completely ignored the rise in the provident fund contributors. Here both the metric and data was ignored! It was an official labor report.
No need for big names, but need names and more detailed numbers nevertheless. For transparency"s sake.
And you expect some #mediapimp to provide you that information? For free?
Here check this out: http://fipb.gov.in
and here http://dipp.gov.in/publications/annual-report
. Under RTI - why do not you ask what was the quarterly FDI investment in rupees via the approval route? If it is too tough then well my recommendation is to go through their press releases and calculate it yourself or rely on reports like this: http://dipp.gov.in/sites/default/files/AnnualReport_Eng_2016-17_0.pdf
But then if the data does not conform to your expectations., please do not call the above data as "untransparent" or "unofficial" or "biased".
If economy is pure hard cold analytical calculations., you have the data to compare and do those calculations. Though I must let you know that it will not point to the future.
ShauryaT wrote:I think this government is living on a different planet. Does anyone have any validations of the supposed job creations from Mudra, except for the government trumpeting unvalidated figures. Just to be clear, an employment is of an entity, even a sole proprietor employing another person with a wage. The "loans" are like seed capital. Great if they result in meaningful employment, wasted if all that an individual has done is taken the monies and spent on refurbishing their house.
How is it wasted if the individual has spent the loan to refurbish the house (and pays back the loans)? How?
And a request., you might be right that the government is living on a different planet., Shourya'ji but can you refute this article?https://swarajyamag.com/economy/on-the-indian-economy-letthe-numbers-speak-rather-than-op-eds-and-experts
And I do expect numbers and not rants*.
*Particularly I did the homework of going straight to the sources and providing the numbers. I do go through 200 page reports before putting some of my thoughts here. It is very hard work. Ranting is easy., but the forum to do that has been closed and now in this thread I would expect data and discussions and insights based on data.