Payroll Reporting in India – A Formal Employment Perspective
The Central Statistics Office (CSO), Ministry of Statistics and Program Implementation has released the report on Employment Outlook of the country covering the period September, 2017 to March, 2018. It is based on the administrative records available with selected government agencies to assess the progress in certain dimensions.
This is the second in this series of employment statistics. The Ministry brought out the first release of employment related statistics in the formal sector in April, 2018 covering the period September 2017 to February, 2018, using information on the number of subscribers who have availed benefits under three major schemes, namely, the Employees’ Provident Fund (EPFO), Employees’ State Insurance Scheme (ESIC) and the National Pension Scheme (NPS).
In this release, the Ministry is also including information for the person-days of work generated under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).
As mentioned in the earlier series, the levels of employment are from various sources, there are elements of overlap and the estimates are not additive. Detailed information is separately published on the respective organizational websites for the period September, 2017 till March, 2018. The information is based on the number of subscribers and as the schemes provide for earlier payments, the tables reflects a dynamic status.
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End Note- This story has not been edited by SightsIn Plus staff and is auto-generated from a syndicated feed.