financetom
Politics
financetom
/
Politics
/
BJP ministers trumpet jobs growth after study showed 11 million jobs lost
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BJP ministers trumpet jobs growth after study showed 11 million jobs lost
Jan 24, 2019 12:57 PM

The government ministers facing an election in coming months launched a social media campaign on Thursday trumpeting successes in creating jobs just weeks after a leading think tank reported 11 million jobs were lost in the country last year.

The independent Centre for Monitoring Indian Economy (CMIE) had estimated that 83 percent of the job losses occurred in rural areas, where two-thirds of the population lives, and its study put unemployment at a 15-month high in December.

The dismal findings would be damaging for Prime Minister Narendra Modi, whose Hindu nationalist Bharatiya Janata Party (BJP) swept to power in 2014 promising an economy that would grow fast enough to create jobs for the millions of young Indians joining the labour force each year.

Girding for a general election that must be held by May, members of Modi's cabinet seized on data from a private recruitment agency to present a more rosy picture of the job market.

"Proving pessimists wrong, India has seen growth in hiring trend under the leadership of Shri Narendra Modi," cabinet minister Harsh Vardhan said on social network Twitter.

He was just one of several ministers to cite data from jobs portal Naukri.com, which showed hiring activity in December was 8 percent higher than a year ago, based on job listings added to the site.

According to Naukri, the information technology and software industry recorded the most hiring, along with construction and engineering - sectors that are all largely concentrated in urban areas.

Reuters telephoned and e-mailed an official of the portal's owner, Info Edge (India) Ltd for comment, but received no response.

A senior leader from the main opposition Congress party dismissed the hiring trends publicised by the BJP as "another jumla", using a colloquial word meaning "false promise".

"There are some signs of investment revival in certain sectors, and therefore it's entirely possible that demand for jobs in those sectors will be rising," said Amitabh Dubey, a political analyst with consultancy TS Lombard.

"The important point politically is that it's the lower-end jobs that matter, because that is where the job destruction had happened since demonetisation," he said, referring to the government's overnight removal of high value bank notes from circulation in late 2016 in a bid to curtail the shadow economy and criminal activity.

"It's not clear that Naukri.com would be picking up what's happening at that level," Dubey said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Copyright 2023-2025 - www.financetom.com All Rights Reserved