This is the second in this series of employment statistics. The Ministry brought out the first release of employment related statistics in the formal sector in April, 2018 covering the period September 2017 to February, 2018, using information on the number of subscribers who have availed benefits under three major schemes, namely, the Employees' Provident Fund (EPFO), Employees' State Insurance Scheme (ESIC) and the National Pension Scheme (NPS). In this release, the Ministry is also including information for the person-days of work generated under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).
As mentioned in the earlier series, the levels of employment are from various sources, there are elements of overlap and the estimates are not additive. Detailed information is separately published on the respective organizational websites for the period September, 2017 till March, 2018. The information is based on the number of subscribers and as the schemes provide for earlier payments, the tables reflects a dynamic status.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content