70 lakh jobs were created in 2017-18 says NITI Aayog

70 lakh jobs were created in 2017-18 says NITI Aayog

NITI Aayog Vice-Chairman Rajiv Kumar has said that 70 lakh jobs were created in the financial year 2017-18 alone.
 
Rajiv Kumar said that growth in sales of transport vehicles, huge disbursement of Mudra loans and Employees’ Provident Fund Organisation (EPFO) data show that enough opportunities for employment and self-employment were created over the past four years of the National Democratic Alliance (NDA) government.
 
He further said if unemployment was rising in the country, then real wages in both rural and urban regions should decline, but that was not happening. “So, what is the basis for this [criticism of jobless growth during the NDA regime]? I think, the purpose is negative discourse for political aims and does not reflect economic reality,” he said.
 
Replying to a question on protests by farmers in some parts of the country, he said: "We have increased minimum support price for farmers by huge amounts. Rural economy is in good shape, farmers' income is rising."
 
Asked when the Aayog will finalise the 'New India 2022' document, Kumar said, "It's ready and I am expecting it to be available in the public domain in a very short time, it's finalised.”



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