Statistics Min proposes changes in PLFS to include unpaid work, better capture digital platform workers

The government is planning to update the Periodic Labour Force Survey (PLFS) to better track employment in the digital economy. The proposed changes aim to include unpaid activities, such as volunteer work, caregiving, and trainee work, which are currently not counted. This shift would also help capture the earnings of gig workers and freelancers who operate through digital platforms.
This adjustment is significant for investors as it will provide a more accurate picture of the actual labour market. A broader definition of employment could influence policy decisions and economic growth projections. It may also signal a move towards a more inclusive economic framework.
Investors should watch for the official notification and subsequent data releases. The revised methodology could lead to a re-evaluation of employment statistics, which are key indicators of economic health. Understanding these changes will be crucial for interpreting future market trends.
Excerpt from BusinessLine
India’s labour data will undergo a change from January next year, with data on unpaid activities and digital platform workers to be part of the survey report. Unpaid activities comprise own-use production of goods, unpaid household and caregiving activities, volunteer work and unpaid trainee work. These are part of…Read the original at BusinessLine
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.













