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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Adityanath govt has completely failed to maintain Taj Mahal, alleges Akhilesh
Lucknow (PTI): Samajwadi Party supremo Akhilesh Yadav on Thursday raised questions over maintenance of the Taj Mahal in Agra and attacked the Yogi Adityanath government saying it should be a "living and active" example, not just a "monument".
Yadav, who shared a viral video in which a plant could be seen sprouting from the dome of the Taj Mahal, said the monument might develop cracks due to the roots.
In a post on X, he said, "The BJP government and its dormant departments have completely failed to maintain the Taj Mahal, the wonder that attracts tourists from all over the world."
Yadav went on to say, "There is a possibility of rusting of the metal of the urn on the main dome. Water is dripping from the main dome. There is news of plants growing in the dome. If the roots of trees like these grow, then the Taj Mahal may crack."
He also highlighted problems of monkey menace and water logging in the Taj Mahal complex.
"The Taj Mahal complex has become a sanctuary for monkeys. There is a problem of waterlogging in the Taj Mahal complex. The tourists are worried whether they should admire the Taj Mahal or deal with the problems," Yadav said, adding due to all these reasons, the country's image is tarnished at the global level.
Last week, the main dome of the Taj witnessed water seepage due to incessant rains but officials said there was no damage to the arched roof.
Yadav asked where crores of rupees of funds that come for the maintenance of Taj Mahal are going.
"The government should be a living and active example, not just a monument," he added.
