Fact Check: PM Modi was wrong on job creation; India lost 11 million jobs in 2018 alone, claims CMIE report
BJP had promised in its manifesto that 2 crore jobs will be provided every year and recently, in an interview, PM Narendra Modi had claimed about creation of jobs and that NDA government has done its bit, but the truth is quite different.
In a recent report by the Center for Monitoring Indian Economy (CMIE), almost 11 million Indians lost their jobs in 2018 and the analysis shows that the rural areas, with women in dominance are the worst hit.
The report claimed that “An estimated 9.1 million jobs were lost in rural India while the loss in urban India was 1.8 million jobs. Rural India accounts for two-thirds of India's population, but it accounted for 84 per cent of the job losses.”
The report of the CMIE showed that the number of employed people are dropping at faster pace, wherein 407.9 million people were employed in December 2017 but now, in the latest report, the figures have fallen to 397 million in December 2018.
The report further stated that “So, the break-down of employment statistics by the various attributes of respondents discussed above tells us that a person who lost the job in 2018 mostly fits a profile like - is a woman, particularly a woman in rural India, is uneducated and is engaged as a wage labourer or a farm labourer or is a small-scale trader and is aged either less than 40 years or more than 60 years.”
Adding that “India's unemployment rate shot up to 7.4 per cent in December 2018. This is the highest unemployment rate we've seen in 15 months. The rate has increased sharply from the 6.6 per cent clocked in November.”
So, the claim of the PM Modi government about the job creation has fallen flat after the CMIE report.
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First published: 5 January 2019, 16:10 IST