Admitting that lack of job creation is plaguing the country, Niti Aayog’s outgoing vice-chairman Arvind Panagariya said the industry needs to chip in with more well-paid and formal sector jobs. “I find it paradoxical when industry captains come and ask the government what it is doing for job creation,” Panagariya told Hindustan Times in an interview. Under the programme ‘Champions of Change’, the think tank organised two-day roundtables with young CEOs and entrepreneurs for two consecutive weeks to generate concrete suggestions that would lead to policy tweaks, legislative changes and further the partnership model. The government’s strategy on improving higher education should focus on autonomous governance and transparency, and outcomes are critical components of a vibrant and successful higher education sector,” the agenda said. Panagariya, who resigned last month to return to academics in the US, said the lack of good jobs is a bigger problem than unemployment.

Source: Hindustan Times August 26, 2017 15:56 UTC