Key Points
Former RBI Governor Raghuram G Ranjan highlighted the pressing need for job creation as a pivotal challenge in India's economic landscape..
Emphasizing the enhancement of human capital through skill development, Rajan, co-author of the book 'Breaking the mould: Reimagining India's economic future' alongside Rohit Lamba, underscored the significance of fortifying India's workforce of 1.4 billion individuals...
Rajan stressed the imperative of job creation across all levels of development, articulating that an augmented private sector job market could alleviate pressure on reservations..
Improving the quality of the workforce, according to Rajan, would attract entrepreneurs to India, mitigating the prevalent challenge of inadequate skilled labor faced by businesses..
In essence, the book posited that India stands at a crucial juncture where leveraging inherent strengths and nurturing human capital are imperative for sustainable economic growth and prosperity...
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