India's 7% GDP growth leads to less than 1% job growth: 14-16% youth, highly educated are unemployed
India's 7% GDP growth leads to less than 1% job growth: 14-16% youth, highly educated are unemployed
By Our Representative
A just-released study “State of Working India 2018”, prepared by the Centre for Sustainable Employment of the Azim Premji University, has said that if in 1970s and 1980s, when GDP growth was around 3-4%, employment growth was around 2%, but “since the 1990s, and particularly in the 2000s, GDP growth has accelerated to 7% but employment growth has slowed to 1% or even less.”
A just-released study “State of Working India 2018”, prepared by the Centre for Sustainable Employment of the Azim Premji University, has said that if in 1970s and 1980s, when GDP growth was around 3-4%, employment growth was around 2%, but “since the 1990s, and particularly in the 2000s, GDP growth has accelerated to 7% but employment growth has slowed to 1% or even less.”
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