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No Assessment of Demonetisation, GST Impact on Workers: Centre Informs Parliament

The Labour Bureau, Ministry of Labour & Employment, has been conducting quarterly quick employment surveys in eight sectors, namely manufacturing, construction, trade, transport, accommodation and restaurant, IT/BPO, education and health, said minister.

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Updated:December 31, 2018, 7:51 PM IST
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No Assessment of Demonetisation, GST Impact on Workers: Centre Informs Parliament
A file image of demonetised currency notes of 500 and 1000. (Image: PTI)
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New Delhi: The Narendra Modi government on Monday informed the Lok Sabha that it has not assessed the impact of demonetisation and the GST on workers engaged in the organised and unorganised sectors, including agricultural and contractual labourers, in the country.

In response to a question by Hyderabad MP and AIMIM president Asaduddin Owaisi, Minister of State for Labour and Employment Santosh Kumar Gangwar informed the Lok Sabha that no such assessment has been made.

"However, the Labour Bureau, Ministry of Labour & Employment, has been conducting quarterly quick employment surveys in eight sectors, namely manufacturing, construction, trade, transport, accommodation and restaurant, IT/BPO, education and health," Gangwar said in his reply.

The Centre on December 14 had also informed the Lok Sabha that it has done no assessment or study on the impact of demonetisation on the economy.

Prime Minister Narendra Modi on November 8, 2016 had announced demonetisation of Rs 500 and Rs 1,000 notes.

The Reserve Bank of India in its annual report later had said that 99.3 per cent of the total banned notes had returned to the banking system.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
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