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Opinion | The reason India jobs data is not credible
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New Delhi, March 13 -- Thanks to the politicisation of unemployment figures ahead of the general elections, we now have numbers being flung at us from all directions. We have household survey data from the Centre for Monitoring Indian Economy (CMIE); we have the Azim Premji University's State Of Working India 2018 report; we have monthly data on subscriber additions to the Employees' Provident Fund Organisation (EPFO) and we have more enterprise data coming from the Confederation of Indian Industry (CII). We also have "leaked" data from the National Sample Survey Office (NSSO) for 2017-18.
In the long run, perhaps all the jobs data will converge to give us meaningful results, but right now, it is only adding to the confusion as all the s...
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