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Thursday, October 11, 2018

Indian economy not creating jobs like before

New research from the privately-run Azim Premji University shows that the unemployment rate that’s hit 5 per cent in 2015, is highest in 20 years.Despite a growth rate of 7 per cent, employment rate improved by less than 1 per cent.The main reason is a mismatch between skills and “good jobs". Creation of decent and desirable jobs is an added challenge.

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