Job concerns in India are overdone

Since 2016, the government has been running with several schemes to incentivise employers to create new formal jobs

Since the publication of the Employees’ Provident Fund Organisation (EPFO) data in April 2018, several analysts and experts have commented on the pace of new jobs creation in India. The range has been as wide as 1.4 million a year on a lower side to as much as 15 million a year and the reality maybe somewhere in between. Let’s first analyse how many jobs need to be created so that we know what the goalpost is. According to age demographics, about 14 million people are entering working age population. National Sample Survey Office (NSSO) data shows that not everyone