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- India's current growth model, heavily focused on capital at the expense of labour and social sectors, is unsustainable. To create good, stable jobs, we must focus on inclusive growth that creates jobs by investing in the social sector, revitalising labour-intensive industries, and prioritising extensive skill development.
www.forbesindia.com/article/iim-bangalore/a-blueprint-for-creating-good-jobs-in-india/93520/1
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Does India need to promote labour-intensive industries to generate employment?
Is India creating enough jobs?
Why did Raghuram Rajan urge India to focus on labour-intensive industries?
Is India creating enough jobs with 7 percent economic growth?
15 hours ago · 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.
17 hours ago · Citing examples of Vietnam and Bangladesh, which are doing well in labour-intensive industries like textile and leather, he said, "We need to look at this (labour-intensive industry) very, very ...
12 hours ago · Former Reserve Bank of India (RBI) governor Raghuram Rajan suggested that the government needs to focus on promoting labour-intensive industries to generate employment. Rajan said that with 7 ...
11 hours ago · Generating jobs in India’s highly segmented labour market will be a long haul. Sudipto Mundle 4 min read 29 Sep 2024, 03:00 PM IST. Outside agriculture, there are 21 labour-intensive sectors ...
16 hours ago · PTI 29 Sep 2024 5:00 AM GMT. New Delhi: With 7 per cent economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Reserve Bank's former governor Raghuram Rajan said and suggested the government needs to focus on promoting labour-intensive industries to generate employment.
21 hours ago · Former RBI governor Raghuram Rajan advocates for labor-intensive industries to boost employment in India, citing low job creation despite 7% economic growth. He also highlights concerns about private sector investment and the need to address regional disparities. Photograph: Press Information Bureau. New Delhi, Sep 29 (PTI) With 7 per cent ...
Feb 24, 2022 · Crores of jobs can be created in labour-intensive sectors like the Textiles sector, Plastics, Footwear, Auto components, Sports Goods, Agri/Food Processing, says Shri Piyush Goyal. “There are so many sectors where Labour is an important element of cost, that’s our competitive or comparative advantage that we should leverage”: Shri Goyal.
