The golden age of labour market research

Theories juxtaposed with big data will give birth to a new generation of policy-relevant models

There has been a plethora of articles in the public domain following our report titled “Towards a payroll reporting in India”. Some constructive. While we have addressed all the issues raised (sometimes raised multiple times), we believe it is fair to address them again.

First, why is there a need to create a payroll report in the Indian context? We believe labour markets in India have long been characterised by information asymmetry due to the reliance on surveys rather than actual data. Economic policies thus get built on theoretical grounds but have little or no validity from a micro point of