India’s Jobless Growth
India’s economy has grown at 7% on average over the last thirty years, but employment elasticity has been constantly declining from 0.4 to 0.087. This number is significantly lower than the US (0.64) and Northern Europe (0.51). How can India increase employment elasticity? In this episode, Aarushi Kataria and Sridhar Krishna draw on ideas from Takshashila's 20 Million Jobs project to look for ways India can create new jobs.
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