Kumar's statement assumes significance as many experts believe the government has failed to create enough jobs in the last three-and-a-half years.
"The statistics that you get on lack of unemployment data is over-stated. We had set up a task force to examine high frequency data on employment. They have done large exercise and the report will be released very soon.
"The finding of report is in startling contrast to the Labour Bureau and Centre for Monitoring Indian Economy (CMIE) data on jobs. There is a much better news on employment," Kumar said at a press conference here.