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What is the primary database cited by Prime Minister Modi to claim that India generated eight crore new jobs in the last three to four years?
- a)NSSO Database
- b)Census 2011
- c)India-KLEMS Database
- d)ASUSE Report
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What is the primary database cited by Prime Minister Modi to claim tha...
Prime Minister Modi's claim regarding the creation of eight crore new jobs is based on data from the India-KLEMS database, managed by the Reserve Bank of India (RBI). The India-KLEMS database is primarily used for analyzing productivity and economic growth, and it includes estimates of labor force data.
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What is the primary database cited by Prime Minister Modi to claim tha...
India-KLEMS Database
India-KLEMS (India - Kinetic, Learning, Education, Manufacturing, and Services) is the primary database cited by Prime Minister Modi to claim that India generated eight crore new jobs in the last three to four years.
Explanation
- India-KLEMS database provides detailed information on the productivity of various sectors in the Indian economy.
- It tracks the growth and productivity of different industries and sectors, which helps in understanding the job creation trends.
- By analyzing the data from this database, the Prime Minister has stated that India has seen significant job creation in the last few years.
- This database is considered reliable for tracking job creation as it provides a comprehensive overview of the economy's performance.
Using the India-KLEMS database, the government can accurately assess the job creation scenario and plan future policies accordingly.
India-KLEMS (India - Kinetic, Learning, Education, Manufacturing, and Services) is the primary database cited by Prime Minister Modi to claim that India generated eight crore new jobs in the last three to four years.
Explanation
- India-KLEMS database provides detailed information on the productivity of various sectors in the Indian economy.
- It tracks the growth and productivity of different industries and sectors, which helps in understanding the job creation trends.
- By analyzing the data from this database, the Prime Minister has stated that India has seen significant job creation in the last few years.
- This database is considered reliable for tracking job creation as it provides a comprehensive overview of the economy's performance.
Using the India-KLEMS database, the government can accurately assess the job creation scenario and plan future policies accordingly.
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