Employment : Measuring vs Creating

The “ Task Force on Improving Employment Data “ ( headed by Shri Arvind Panagariya ) , is ready with its recommendations , which are :

·         Scrap the following current methods of collecting such data :

     #   NSSO Employment and Unemployment Survey

     #   Annual Labour Force Survey

     #   Population Census

     #   Economic Census

     #   Annual Survey of Industries

     #   Quarterly Employment Survey

          Read : 

Quarterly LabourSurvey : A Still Born Child ? [ 22  March  2017  ]

        https://myblogepage.blogspot.com/2017/03/quarterly-labour-survey-still-born-child.html

     #   Micro Small and Medium Enterprises ( MSME ) Census

     #   Sources such as EPFO / ESIC and NPS

·         Replace the above with a more robust household and enterprise survey

·         In the proposed Survey, cover following categories of workers :

#  All workers covered under EPFO, ESIC or any other social sector schemes

#  Government and other Public Sector Employees

#  Workers having coverage under private insurance or pension schemes or provident funds

#   Workers subject to tax deduction at source on their incomes should henceforth be considered as formal workers

[ Read : 

From  BAD to  MAD ( 01  June  2016 )

https://myblogepage.blogspot.com/2016/06/from-bad-to-mad.html

·         Make the GSTN number as the Universal Enterprise and Establishment Number , based on which the Annual Enterprise Survey could be carried out

Availability of a Universal Goods and Service Tax Identification Number for businesses and list of borrowers from Micro Units Development and Refinance Agency Bank ( MUDRA Bank ) can help provide sample for the Enterprise Survey

GSTN number to be extended to all commercial and non-commercial entities wishing to register

{ Read my suggestion :

An  Aadhar for Corporate ? [ 12  May  2016  }

https://myblogepage.blogspot.com/2016/05/an-aadhar-for-corporate.html

·         Creating a Central Server from which all Government Data can be accessed

  [  Read :  E – Governance ? ( 03  April  2014 )

   https://myblogepage.blogspot.com/2014/04/e-governance.html

·         Annual Survey of enterprises excluded from GST , including enterprises in Health and Education

Although this reform may provide in future , a more accurate MEASUREMENT of UN-EMPLOYMENT

 , the larger question that remains unanswered is of EMPLOYMENT :

“ WHO will create , HOW MANY jobs , and WHEN , and HOW , and WHERE ? “

This question assumes significance , given the following figures :

·         During FY 13-15 , when 25.9 Million degree-holders passed out from universities , only 1 MILLION jobs were created

·         From FY 11 to FY 15 , job growth in Private Sector has been at 3 % per annum

·         2 out of 3 jobs in India’s INFORMAL SECTOR ( excluding agriculture and construction ) , are in businesses engaged in TRADE or providing SERVICES

My own views on EMPLOYMENT GENERATION , are covered by some 162 blogs ( each sent as E mail to Central Policy Makers , over the past 4 years )

Just type “ Employment “ in “ Search this Blog “ at :


www.hemenparekh.in / blogs


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09  July  2017