New Delhi, April 29 -- India is currently the world's fastest-growing major economy, a headline that invites optimism as we sprint past the $4 trillion milestone. But for most of the 1.4 billion-plus people who live in the country, headline GDP has become a mere dashboard metric-high on transactional velocity but low on household dignity.
We are witnessing a historic rupture: the link between economic growth and job creation, once the singular pulse of development, has been functionally severed.
A forensic audit of India's structural shift from 1991 to 2026 reveals a catastrophic decline in the job efficiency of our growth. During the 1990s, every percentage point of GDP growth yielded roughly 0.41% growth in formal employment.
By earl...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.