It shows rising disposable incomes and robust job creation
(That is if we understand job as a livelihood source and not limited to salaried jobs.)
IT software industry recorded 38% growth in jobs
HR functional area --20% growth IN JOBS.
Construction & Engineering-16%.growth
Robust increase in home loans so much that home loans as % of GDP crossed 10% mark for the first time in FY 18.
If there was massive loss of jobs in economy, home loans will not grow.
And opposition dishing out joblessness myths!!!
3 Lakh jobs generated so far.
On completion of project:
About 40 lakh jobs will be created
Reduce it by 7% as EPFO did for its figures of 72.32 Lakhs for Sept 2017 to Dec 2018 period
Net net one can say 8.33 Lakhs jobs created
Cumulative job addition for the September 2017-December 2018 period revised downwards 6.6 % to 67.52 lakh, from the earlier forecast of 72.32 lakh.
Such massive poverty reduction shows robust job growth.