How Can India Create More Jobs? IMF's Gita Gopinath Has Some Tips
NDTV
International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath said creating jobs in India has to be a multi-pronged approach
India will need a multi-pronged approach to create jobs instead of targeting only a few areas to add more workers, the International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath told NDTV today.
She said at least in India, any disruption caused by artificial intelligence (AI) in the jobs sector will have a lower impact as a majority of India's workforce is in labour-intensive agriculture.
"India has done extremely well in headline growth numbers... It is the fastest-growing major economy in the world. If you look at the last decade, growth has averaged around 6.6 per cent. Certainly India's growth has been much more capital intensive, but much less in hiring a lot more workers, in creating a lot more jobs," Ms Gopinath told NDTV.
