India lacks good economic, jobs data: Bibek Debroy

New Delhi: India lacks good data on economy and jobs as it is majorly an informal economy, Bibek Debroy, the head of Prime Minister’s economic advisory panel, said on Monday. The statement came after a report which was published earlier, claimed big buoyancy in employment numbers under Narendra Modi-led government.

Debroy highlighted that it is difficult to draw an inference as to what is happening on labour and employment on the basis of data gathered from the enterprises for the very simple reason that very few individuals in India work under an employer-employee kind of relationship.

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