In a first, Centre's mega Economic Survey to cover street vendors, hawkers
Rupee
Prime Minister Narendra Modi-led Union Cabinet is set to undertake the exercise of conducting a massive Economic Survey which, for the first time, will include hawkers, vendors, peddlers and small stall holders.
According to reports, the survey will be conducted similar to the population survey and will aim to gauge the contemporary economic and unemployment situation in the country.
It is being reported that over 25 crore households and 7 crore establishments will fall into the purview of the survey.
The process related to the conduct of the survey is likely to begin by the end of this month and the reports are expected to be out in 6 months.
The Economic Survey helps the government analyse and review the developments in the economy as well as assess the performance of various programmes, schemes and policy initiatives. It is presented to both the houses of the Parliament during the Budget Session.
Meanwhile, PM Modi on Wednesday constituted two new Cabinet committees under his chairmanship to spur economic growth, investment and employment.
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The five-member Cabinet Committee on Investment and Growth includes Home Minister Amit Shah, Finance Minister Nirmala Sitharaman, Road Transport and Highways and of MSME Minister Nitin Gadkari and Railway Minister Piyush Goyal, news agency ANI reported.
Another 10-member Cabinet Committee on Employment and Skill Development has been formed which includes Shah, Sitharaman, Goyal, Minister of Agriculture and Farmers Welfare, Rural Development and Panchayat Raj Narendra Singh Tomar, Human Resource Development Minister Ramesh Pokhriyal 'Nishank', Petroleum and Natural Gas Minister Dharmendra Pradhan, Minister Skill and Entrepreneurship Mahendra Nath Pandey and Ministers of State Santosh Kumar Gangwar (Labour) and Hardeep Singh Puri (Housing and Urban Affairs).