An uphill job: EPFO data too erratic to carry conviction

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Published: January 23, 2019 2:20:38 AM

While these figures are cited by policymakers as proxy of jobs created (rather, they represent the pace of formalisation of jobs), the frequent, drastic revisions do make the EPFO figures suspect.

An uphill job: EPFO data too erratic to carry conviction

Since April 2018 the EPFO has been releasing the counts of new contributors to the fund on a monthly basis.

While these figures are cited by policymakers as proxy of jobs created (rather, they represent the pace of formalisation of jobs), the frequent, drastic revisions do make the EPFO figures suspect.

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