"Nobody can make authentic statement on job creation as there

: SBI Chairman Rajnish Kumar Monday said nobody can make an authentic statement on job creation or jobless economic growth as there is no reliable data of jobs in the country, unlike in the U.S.A., which has such data.

"Unfortunately, in India, there is no reliable statistics unlike in the U.S, where there is payroll data for jobs, which is taken to be authentic.

In our country, reliable job data is not available. Hence nobody can make a authentic statement on jobless economic growth or job creation. I think it has become more of a political debate," he told reporters here.

His comment comes in the wake of Union Minister Arun Jaitley Sunday rejecting criticism of giving a 'jobless economic growth', saying that the absence of any major social or political agitation in the last five years indicated that government schemes have created employment.

In an interview to PTI, Jaitley, who is in the US for medical treatment, had justified the absence of any major mention of job creation in the Interim Budget of February 1, saying such budgets are different from the normal budget speeches as they are more like "a report card and a road map."
Kumar said jobs in the manufacturing sector has seen a reduction due to use of technology and there was a lot of 'disguised unemployment.'