BJP MP Rajeev Chandrasekhar says the charges on jobless growth made by Ex-PM Manmohan Singh are not right.

PUBLISHED:

See more TechGraph stories in your search results.
Google Add TechGraph on Google

BJP MP Rajeev Chandrasekhar on Monday said former Prime Minister Manmohan Singh‘s charge of jobless growth is factually wrong as the NDA government had so far spent Rs 10 lakh crore on the infrastructure sector, which has been creating downstream jobs as confirmed by EPFO data.

He said Singh was perhaps referring to the leaked draft survey conducted by National Sample Survey Office (NSSO) to buttress his claims on high jobless growth rate.

- Advertisement -

“Manmohan Singh’s charge of jobless growth is factually wrong as he has perhaps referred to NSSO data, which simply is a survey, not real data like Employees’ Provident Fund Organisation (EPFO),” Chandrasekhar said in a statement.

“During the last five years of Modi government public spending in infra sector has been to the tune of Rs 10 lakh crore in roads, ports and railways. All of this is construction, creating downstream jobs,” he added.

It is election season so expectedly some people will use survey data in a context that suits them which is the case here with Singh, he said.

Indian economy is in a far stronger and better place today than it was in 2014 when Singh demitted office, Chandrasekhar added.

Singh, in his convocation address at the Delhi School of Management, had said jobless growth has slipped into job-loss growth, which, together with rural indebtedness and urban chaos, has made the growing number of aspirational youths restless.

“Let us be clear-our economy is in a far stronger and better place today than it was in 2014 when Dr Singh demitted office. The damaged economy he left behind has been rebuilt slowly and surely and we are on a path of sustainably high growth,” he said.

The NSSO survey did not capture all the important measures that the budget 2018 did to revitalise the MSMEs and informal sector, Chandrasekhar said.

There is no real job data in government historically bechause of the dominance of informal and unorganised sector in overall jobs, he added.

Stay ahead of the curve, every day.

A daily briefing covering news, interviews, and the trends driving the world forward. Curated for readers who want news, not noise.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

Latest Stories

The Cost of Knowing: Why Intelligence Is Becoming the Most Expensive Function in the Enterprise

AI is making enterprise intelligence more expensive, increasing the importance of data quality, governance and infrastructure in turning AI into measurable business value.

How Continuous Evaluation Can Transform Student Learning from Performance to Progress

Education needs to move beyond one-time exams, with continuous assessment and AI-enabled tools helping teachers identify learning gaps earlier and use assessment data to improve instruction.

The Growing Gap Between Education and Employability in Young India

India's demographic dividend has long been regarded as one...

White Label Crypto Exchange vs Building From Scratch: Guide for Fintech Companies

Compare white label crypto exchanges with custom development across cost, control, compliance, maintenance, and long-term product ownership for fintech.

InspeCity Space Laboratories Appoints Rajeev Gambhir as Executive Vice President

Rajeev Gambhir will lead strategic partnerships and institutional engagement as InspeCity scales its space technology business.

Vingo Snaps $1.2 Mn in Seed Round Led by IndiaQuotient

The fresh capital will support product development, trust infrastructure, and user acquisition as the startup expands its marketplace.

Hero Enterprise, Cap Alpha Ventures Lead ₹65 Crore Series A in Vaaree

The investment will support Vaaree’s plans to improve deliveries and build new AI-powered home styling tools for its online marketplace.

Related Articles

The Cost of Knowing: Why Intelligence Is Becoming the Most Expensive Function in the Enterprise

AI is making enterprise intelligence more expensive, increasing the importance of data quality, governance and infrastructure in turning AI into measurable business value.

How Continuous Evaluation Can Transform Student Learning from Performance to Progress

Education needs to move beyond one-time exams, with continuous assessment and AI-enabled tools helping teachers identify learning gaps earlier and use assessment data to improve instruction.

The Growing Gap Between Education and Employability in Young India

India's demographic dividend has long been regarded as one of our biggest strengths. With...

White Label Crypto Exchange vs Building From Scratch: Guide for Fintech Companies

Compare white label crypto exchanges with custom development across cost, control, compliance, maintenance, and long-term product ownership for fintech.

Vingo Snaps $1.2 Mn in Seed Round Led by IndiaQuotient

The fresh capital will support product development, trust infrastructure, and user acquisition as the startup expands its marketplace.

Hero Enterprise, Cap Alpha Ventures Lead ₹65 Crore Series A in Vaaree

The investment will support Vaaree’s plans to improve deliveries and build new AI-powered home styling tools for its online marketplace.

Nebius Appoints Former Square Executive Lindsey Irvine as CMO

Former Square executive Lindsey Irvine has been named Chief Marketing Officer at Nebius, where she will oversee the AI cloud company’s global marketing efforts.

QubeHealth-Pay, Petos Partners to Expand Pet Healthcare Payments

The integration brings QubeHealth-Pay’s healthcare payment infrastructure to the pet insurance platform, with the companies targeting over ₹50 crore in pet healthcare payments within 18 months.

Gaurs Group to Launch Luxury Residential Project Gaur Alaris on Yamuna Expressway

Gaurs Group expects its latest luxury housing project near the Noida International Airport to generate nearly ₹1,900 crore in sales.

QubeHealth-Pay, Petos Partners to Expand Pet Healthcare Payments

The integration brings QubeHealth-Pay’s healthcare payment infrastructure to the pet insurance platform, with the companies targeting over ₹50 crore in pet healthcare payments within 18 months.

Gaurs Group to Launch Luxury Residential Project Gaur Alaris on Yamuna Expressway

Gaurs Group expects its latest luxury housing project near the Noida International Airport to generate nearly ₹1,900 crore in sales.

ProMobi Rolls Out New Scalefusion Update for Enterprise IT Teams

The latest Scalefusion update reflects how enterprise IT priorities are shifting from managing devices to securing users, identities and endpoints through a single platform.

InvestValue Launches ₹20 Crore ESOP for More Than 75% of Employees

The Fintech company is broadening employee ownership beyond leadership with a ₹20 crore ESOP programme covering more than three-quarters of its workforce.

Remsons Industries Appoints Rahul Prabhakar Desai as CEO

Rahul Prabhakar Desai has been appointed CEO of Remsons Industries, succeeding Amit Srivastava as the automotive components manufacturer advances its planned leadership transition.

InspeCity Space Laboratories Appoints Rajeev Gambhir as Executive Vice President

Rajeev Gambhir will lead strategic partnerships and institutional engagement as InspeCity scales its space technology business.

ProMobi Rolls Out New Scalefusion Update for Enterprise IT Teams

The latest Scalefusion update reflects how enterprise IT priorities are shifting from managing devices to securing users, identities and endpoints through a single platform.

InvestValue Launches ₹20 Crore ESOP for More Than 75% of Employees

The Fintech company is broadening employee ownership beyond leadership with a ₹20 crore ESOP programme covering more than three-quarters of its workforce.

How AI Is Quietly Turning Interior Design into a Predictive Science

Predictive science uses historical data, behavioral trends, simulations, and machine learning models to predict...

How AI Is Quietly Turning Interior Design into a Predictive Science

Predictive science uses historical data, behavioral trends, simulations, and machine learning models to predict...

PayMe CEO Mahesh Shukla on Where Loans Against Mutual Funds Fit in India’s Credit Market

Mahesh Shukla, Founder & CEO of PayMe, outlines how India’s expanding mutual fund investor base is creating new opportunities for asset-backed lending without disrupting long-term wealth creation.

The Privacy Imperative: Judge India’s Abhishek Agarwal on Modernising Enterprise Infrastructure

The Judge Group’s Abhishek Agarwal discusses why data privacy is becoming a strategic business priority and how it is shaping enterprise technology and digital transformation strategies.

Beyond the Profile Picture: FRND CPO Harshvardhan Chhangani on Building Social Discovery for Bharat

FRND Co-founder and CPO Harshvardhan Chhangani discusses why voice-first interactions and AI-powered identity are redefining social discovery for users beyond India’s metro markets.