India needs payroll data system to map job creation: Assocham
New Delhi, June 10: India needs to develop a credible system for mapping job creation, at least in the formal sector, to enable government policies to be oriented accordingly, industry chamber Assocham said on Sunday.
Citing the example of inflation data, industrial output and other economic numbers released every month, the industry chamber said that a similar system should be created for the regular release of payroll data.
"Like we release inflation data, industrial output numbers and several other high frequency data every month, we must create a system sooner than later so that the payroll numbers are released month on month," an Assocham statement said here.
"If a large part of the economy is getting formalised, the mapping of job creation should not be difficult," Assocham Secretary General D.S. Rawat said.
"We do not need traditional sample surveys. Since the wages are all paid through banking channels, we can just capture the salary data from the banks, collate it and compare it."
"The monthly data can make it clear that it is about the fresh jobs in the formal sector. With measures like the Goods and Services Tax by which a larger part of the economy gets captured into formalisation, we would go on improving on the job data base," he added.
Payroll data is crucial for any mature economy for anchoring policies with regard to interest rates, welfare measures, investment incentives and taxation, Assocham said.
National economic policies must be data driven, rather than anecdotal pieces of information collected from here and there, it added.
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BJP's Purvanchali leader Anil Jha joins AAP
New Delhi (PTI): The BJP's Purvanchali leader and two-time former MLA from Kirari Anil Jha joined the Aam Aadmi Party (AAP) in the presence of party supremo Arvind Kejriwal on Sunday.
The development came a few hours after the AAP suffered a big blow as its Najafgarh MLA and Transport Minister Kailash Gahlot quit the party.
Kejriwal welcomed Jha to the AAP at party headquarters near Mandi House and dubbed him as one of the "biggest" Purvanchali leaders in Delhi politics. He will boost the AAP not only in Kirari but all over the city, the AAP supremo said.
Party sources claimed that Jha could replace the sitting AAP MLA from Kirari, in the Delhi Assembly polls due in February.
Jha lauded Kejriwal, saying he was influenced by his personality and the work done by the AAP government to improve the lives of Purvanchali people living in unauthorised colonies of the city.
Kejriwal alleged that while the AAP government built 10,000 km of roads and streets, laid 6800 km of sewer lines and provided piped water in 1,650 unauthorised colonies, "the BJP did nothing".
"I want to ask the BJP and its leader Amit Shah, why should Purvanchali people vote for the party. I challenge them to tell one thing they did for the Purvanchali people in Delhi. They promised the registry of properties in these colonies but not a single one could be done in five years," he said.
When asked by reporters Kejriwal, however, refused to comment on Gahlot's resignation from the AAP.
