India’s Job vs Wage argument

I was reading Mohandas Pai’s recent interview this morning and I agree with what he had to say. Key takeaways from the article:- ~ India doesn’t have a job problem but rather faces a wage problem ~ There aren’t many quality jobs out in the market and degree holders have to take what they get ~ India should learn from previous Chinese policies such as: – – Open up labour-intensive industries and invite rest of …

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