Former RBI governor Raghuram Rajan emphasized the need for India to focus on labour-intensive industries to generate employment. Despite 7% economic growth, job creation remains insufficient, particularly in manufacturing. Rajan highlighted the success of Vietnam and Bangladesh in labour-intensive sectors and urged India to follow suit. He also discussed GST rates rationalization and the need for equitable growth among states.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.