Slow Pace of Job Creation Poses a Major Challenge for the
World’s Fastest Growing Major Economy
“The fate of
India’s millions of job-seekers represents a major political liability for
Prime Minister Narendra Modi as he seeks reelection this year. Modi came to
power almost five years ago promising “development for all” and robust job
creation. But his attempts to increase manufacturing and entrepreneurship have
not succeeded in turbocharging employment.”