Raghuram Rajan flags India's biggest worry that could cost Modi a win in 2019 elections - News Summed Up

Raghuram Rajan flags India's biggest worry that could cost Modi a win in 2019 elections


A million new people entering the labor force every month," Rajan said. "If we don’t provide these jobs that are required, you have a million dissatisfied entrants. "The reshuffle is a clear indicator that Modi is aware of the political risks this can create in 2019. "Chief Economic Adviser Arvind Subramanian also underscores Modi government's predicament in the second edition of the Economic Survey 2016-17 — the lack of reliable jobs data. But if the government neither knows the extent of unemployment nor takes adequate steps to create more jobs, Modi will not be invincible.


Source: Economic Times September 09, 2017 04:05 UTC



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