Goldman Sachs: India needs to create 10 million jobs/year

Goldman Sachs estimates India needs to create 10 million jobs annually to sustain 6.5% GVA growth. Key policy recommendations include incentivizing affordable social housing, diversifying IT hubs to smaller cities, and reallocating fiscal incentives towards labour-intensive manufacturing sectors to boost employment.

from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7Vg2MTY