 "jobs")
There’s an alternative. There’s always a third way, and it’s not a combination of the other two ways. It’s a different way — David Carradine
The Government of India is actively promoting startups and spending heavily on infrastructure and on incentives for manufacturing for economic growth and job creation. However, these policies have not had a major impact on the very important issue of high unemployment, substantial underemployment, and “voluntary” low labour force participation. Some critics are pressing for services-led growth instead. Others have emphasised both manufacturing and services. This column will not get into this debate. It takes a
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
