Findings of the Labour Bureau’s survey on jobs created under MUDRA scheme will be used to laud its achievement on this front.
New Delhi: The NDA government plans to junk the National Sample Survey Office (NSSO) report on unemployment and, instead, use findings of the Labour Bureau’s survey on jobs created under the Micro Units Development & Refinance Agency (Mudra) scheme to laud its achievement on this front.
Niti Aayog on Thursday asked the Labour Ministry to process the survey and present its findings on February 27 so that it could be shared by the first week of March. The meeting was attended by Niti vice-chairman Rajeev Kumar, Labour Minister Santosh Kumar Gangwar and his officials.
The bureau’s survey covers 1 lakh Mudra beneficiaries who availed of the loan scheme between April 2015 and January 31, 2019.
Niti has asked the ministry to furnish figures on number of people directly employed through this scheme as well as additional jobs created as a spin off.
Niti wants the sample findings to be extrapolated over 15.56 crore Mudra beneficiaries as per official records while the Labour Ministry pushed for a real base number of 10.5 crore as the former had “double or triple counting of loans”.
The larger number also included people who had moved to self-employment from other jobs resulting in status quo on new job creation, Labour Ministry said. Moreover, it argued that some of the 34.26 crore Jan Dhan account holders were also being included by banks as Mudra beneficiaries; especially those accounts where an overdraft of Rs 5,000 was being provided by the bank.
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