(Shutterstock)“Jobless growth” has slipped into “job-loss growth”, which, together with rural indebtedness and urban chaos, has made the growing number of aspirational youths restless, former Prime Minister Manmohan Singh said on Sunday. Singh asserted that the domestic challenges of India’s economy were daunting in their complexity and devastating in their impact on the society. “The jobless growth slipping into job-loss growth, together with rural indebtedness and urban chaos have made the growing aspirational youths restless,” Singh said. The attempts at creating additional job opportunities in the industrial sector have failed as industrial growth is not picking up fast enough, he alleged. This possibility opens up many opportunities and challenges for budding management professionals in this fast-moving world of unprecedented changes, he said.
Source: The Telegraph February 17, 2019 23:48 UTC