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If one assumes the EPF (Employees Provident Fund) scheme subscriber data is a reliable proxy for employment, the addition of 6.9 lakh members in April is more than encouraging.

If one assumes the EPF (Employees Provident Fund) scheme subscriber data is a reliable proxy for employment, the addition of 6.9 lakh members in April is more than encouraging. But, drawing conclusions from this database is fraught with risk. For one, there are several one-offs and in the absence of a complete Aadhaar-seeding, it is to tell whether the addition is a new worker. Some data points are particularly puzzling. A good chunk of the addition to the subscriber base over the past eight months is in the age groups of 29-35 years and above 35 years, while you would normally expect people to enter the workforce when they are much younger. However, in April, more…



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