Economics
Mapping Invisible Jobs to Help Measure India's Real Growth
- Quarterly employment data on informal sector from next year
- Job creation vital for Modi to get support of youth in polls
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For those trying to solve the Indian economy jigsaw puzzle, reliable jobs data has been one crucial missing piece. Prime Minister Narendra Modi has a plan to fix that defect.
The government is set to map employment in the economy’s vast informal sector when the labor ministry starts publishing quarterly surveys on jobs in about a year’s time, covering enterprises with less than 10 people, including those who are self-employed. These are businesses that are typically cash-based and don’t pay tax.