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Interim Budget falls short on a key promise made by Modi; creating jobs

With more than 90% of the labor force employed in the informal economy, the government has struggled to produce reliable data to get an accurate read on the level of joblessness in India

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Vrishti Beniwal | Bloomberg

4 min read Last Updated : Jun 26 2019 | 3:38 PM IST

India’s budget provided plenty of giveaways to farmers and middle-class voters, but was short on detail on one of Prime Minister Narendra Modi’s key promises: creating jobs.

The issue has become a politically sensitive one ahead of elections due by May, with the government accused of deliberately withholding the most recent labor report because of the possible bad news it presents. A local newspaper published leaked details of the report a day before the budget, showing the unemployment rate reached a four-decade high of 6.1 per cent in the year to June 2018.

Modi swept to power in May 2014

Topics : Interim Budget Interim Budget 2019

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