Opinion | Transformation through tech can drive jobs growth
5 years, 11 months ago

Opinion | Transformation through tech can drive jobs growth

Live Mint  

The potentially slowing rate of global growth and India’s continuing growth trajectory present both opportunities and challenges. Mainstreaming the application of technologies to all industries whether it is restaurants, hotels, heavy engineering, handlooms and handicrafts or logistics and transportation for things as basic as automating invoicing and payments to complex tasks like inventory control and management can not only help skill building on shop floors but also create more entrepreneurial opportunities for individuals and startups to service these needs while adding to the efficiency of operations. So for every data point around how 11 million people who may have lost their jobs last year, the contribution of the informal economy of professionals as well as the transportation sector itself accounted for 14 million economic opportunities over the same period. The economic growth in 12 of the Reserve Bank of India’s 17 non-special states beat India’s economic growth of 6.7% in fiscal 2018, but it did not open more avenues for jobs. Therefore, the affordable hospitality opportunity map for India extends far deeper from just the metros and popular tourist destinations to even the tier 2 and tier 3 cities of India including the likes of Prayagraj for Kumbh, Bareilly for overnight business trips from Delhi and Karnal for a weekend trip to meet relatives.

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History of this topic

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN
4 days, 15 hours ago

India’s economy projected to grow 6.6% in 2025, driven by private demand, investment: UN

Live Mint  

The Indian economy is projected to expand by 6.6 per cent in 2025, primarily supported by robust private consumption and investment, according to a United Nations report. It also said that the near-term outlook for South Asia is expected to remain robust, with growth projected at 5.7 per cent in 2025 and 6.0 per cent in 2026, “driven by strong …

Decoding India’s growth slowdown
Trending News
5 days, 3 hours ago

Decoding India’s growth slowdown

The Hindu  

The first advance estimates of India’s Gross Domestic Product in 2024-25, released by the National Statistics Office this week, shows a decline in the real GDP growth rate to 6.4% from 8.2% registered in 2023-24. The annual growth rates of real gross fixed capital formation in public and private sectors During the 10 years of the United Progressive Alliance rule, …

How are workforce trends redefining India's business ecosystem by 2025?
1 week ago

How are workforce trends redefining India's business ecosystem by 2025?

India Today  

India is undergoing a profound transformation, leveraging its geopolitical stability and robust economic momentum to solidify its position as a global business hub. According to Nilay Khandelwal, Senior Managing Director at Michael Page India, India’s evolving business landscape is redefining workforce dynamics. CONTRACTUAL HIRING One of the most significant trends transforming India's labour market is the growing adoption of contractual …

Bridging the skills gap: How 2024 shaped India's job tech revolution
1 week, 2 days ago

Bridging the skills gap: How 2024 shaped India's job tech revolution

India Today  

The year 2024 has been a pivotal chapter in India's efforts to combat unemployment. With rapid technological advancements and shifting workforce demands, the job tech ecosystem has emerged as a critical enabler in bridging the employability gap and redefining the employment landscape. Prateek Shukla, Founder and CEO of Masai School, reflects on the lessons of 2024 and their implications for …

Watch: Indian economy: what to expect in 2025?
1 week, 4 days ago

Watch: Indian economy: what to expect in 2025?

The Hindu  

At the start of 2024, there was a lot of excitement about the Indian economy - the country was one of the fastest growing economies in the world and there was anticipation that India will become a $4 trillion economy in 2024-25 and become the world’s third-largest economy by 2027. However, the latest data from the National Statistics Office showed …

India’s manufacturing growth at 12-month low in December
Trending News
1 week, 5 days ago

India’s manufacturing growth at 12-month low in December

Live Mint  

New Delhi: India’s manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production, a private survey said. The HSBC India Manufacturing Purchasing Managers Index, compiled by S&P Global, was recorded at 56.4 in December, down from 56.5 in November. According to the survey, at 56.4 in December, the seasonally adjusted HSBC India …

Act now to create a resilient, adaptable and skilled workforce for the future
1 week, 6 days ago

Act now to create a resilient, adaptable and skilled workforce for the future

Live Mint  

The stark reality of India’s evolving job market is captured in a single striking statistic: While 83 million jobs globally face extinction in the next five years, 69 million new roles will emerge in their place. The FICCI-EY Future of Jobs 3.0 Report 2024 dives deep into this transformation across five critical sectors: Manufacturing, FMCGs, healthcare, energy and infrastructure, revealing …

India Sees Economic Growth at 6.5% for the Year Through March
2 weeks, 5 days ago

India Sees Economic Growth at 6.5% for the Year Through March

Live Mint  

-- India expects the economy to grow at around 6.5% in the year through March, against 8.2% a year before, after the economy slowed unexpectedly in the July-September quarter. “We expect the economy to grow at around 6.5% in real terms in financial year 2024-25,” the Department of Economic Affairs said in its monthly economic review for November. “India’s growth …

Will India's economic growth pick up pace? Nirmala Sitharaman answers
4 weeks, 1 day ago

Will India's economic growth pick up pace? Nirmala Sitharaman answers

India Today  

Finance Minister Nirmala Sitharaman on Tuesday said that India’s economy will see healthy growth in the coming quarters despite the lower-than-expected GDP numbers for the second quarter. India’s GDP growth for the July-September quarter fell sharply to 5.4% from 6.7% in the previous quarter, marking an 18-month low, as per data released by the National Statistics Office in November. However, …

India job outlook 2025: How IT, energy, infra, logistics will drive hiring
1 month ago

India job outlook 2025: How IT, energy, infra, logistics will drive hiring

India Today  

Employers in India are more optimistic about increased hiring next year compared to their global counterparts. According to the latest ManpowerGroup Employment Outlook report, which surveyed 3,000 employers, 53 per cent plan to hire while 13 per cent anticipate a reduction in staffing levels during Q1 2025. Sonal Arora, country manager of GI Group Holding, stated: “Overall, 2024 was a …

Govt confident of economic rebound despite global challenges, says Piyush Goyal
1 month ago

Govt confident of economic rebound despite global challenges, says Piyush Goyal

Live Mint  

New Delhi: Despite global uncertainties owing to supply-chain disturbances following the Red Sea crisis, union commerce and industry minister Piyush Goyal has said he was confident that India's economic growth would be back on track by the end of the fiscal year. Speaking at Times Network’s India Economic Conclave on Thursday, Goyal said, "There was an election in the first …

India will emerge global powerhouse for skilled talent by 2030
1 month ago

India will emerge global powerhouse for skilled talent by 2030

Deccan Chronicle  

New Delhi: Wheebox ETS India Skills Report 2025, in collaboration with CII, Taggd, AICTE, and AIU, unveils a strategic vision for "Global Talent Mobility" underscores India’s pivotal role in addressing global workforce demand, skills required fueled by rising employability, an optimistic hiring intent, and a roadmap for 2030. With 65% of the Indian workforce under 35 years old, India’s youthful …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
1 month ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

‘Indian economy cannot progress as long as…’: Rahul Gandhi hits out at Centre
Trending News
1 month, 1 week ago

‘Indian economy cannot progress as long as…’: Rahul Gandhi hits out at Centre

Hindustan Times  

Leader of Opposition in the Lok Sabha, Rahul Gandhi on Sunday said that the India's Gross Domestic Product growth rate has fallen to its lowest in two years at 5.4 percent. Rahul Gandhi on Sunday said India's GDP growth has dropped to 5.4 percent, the lowest in two years. The thing is clear - the Indian economy cannot progress as …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
1 month, 2 weeks ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
1 month, 2 weeks ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

India Q2 GDP: Economic growth likely moderated; should Indian investors be worried?
1 month, 3 weeks ago

India Q2 GDP: Economic growth likely moderated; should Indian investors be worried?

Live Mint  

India's July-September quarter gross domestic product prints are expected to show moderation due to excess rainfall, weak corporate earnings and subdued rural and urban consumption. According to Rahul Bajoria, Head of India and ASEAN Economic Research at BofA Securities India, India's Q2FY25 GDP may grow by 6.3 per cent YoY, a six-quarter low, while gross value added growth is expected …

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report
1 month, 3 weeks ago

India to contribute 20 pc of global workforce growth between 2023-50, China share to decline: Report

New Indian Express  

NEW DELHI: India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. It said, "By 2030 high-income households are expected to triple, while middle-income households will nearly double making India the fastest-growing nation in terms of per capita income". The …

India's population projected to reach 1.53 billion by 2100: How can it leverage this growth?
1 month, 4 weeks ago

India's population projected to reach 1.53 billion by 2100: How can it leverage this growth?

New Indian Express  

India, which became the most populous country in the world in 2023, surpassing China, is projected to have a total population of 1.53 billion by 2100, according to estimates from the United Nations. The UN's population growth estimate projects the total world population to reach 10.4 billion by 2100, based on factors such as fertility rates, increasing life expectancy, and …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
2 months ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

IBM: The Right Training Can Make Youth in India's Small Towns More Employable
2 months, 1 week ago

IBM: The Right Training Can Make Youth in India's Small Towns More Employable

The Hindu  

IBM India head Sandip Patel emphasizes the importance of training and skills development for youth in India's small towns and cities to become more employable in the tech industry. He highlights the country's strengths as a large talent base and the potential of Tier 2, 3, and 4 cities and towns to produce skilled workforce. IBM has been actively conducting …

Union Education Minister Encourages Youthful Minds to Create Jobs and Propel India to Number One Economy
2 months, 2 weeks ago

Union Education Minister Encourages Youthful Minds to Create Jobs and Propel India to Number One Economy

Hindustan Times  

Union Education Minister Dharmendra Pradhan urges youths to become job creators and not job seekers, highlighting the importance of education and skill development to achieve India's economic growth. The minister also lays the foundation stone for six projects worth approximately ₹400 crore at the Indian Institute of Technology (BHU).

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging
Trending News
2 months, 2 weeks ago

India's Mobile Manufacturing Boom: A Global Powerhouse Emerging

Firstpost  

India's mobile manufacturing industry is gaining global attention, thanks to the Make in India initiative. Big companies like Samsung and Apple are setting up large factories in the country, making India the world's second-largest exporter of mobile phones. With Samsung's mega factory in Noida and Apple moving some iPhone production to Tamil Nadu, India is becoming a key player in …

IMF Sees India's Economic Growth and Outlook as Stable
2 months, 3 weeks ago

IMF Sees India's Economic Growth and Outlook as Stable

New Indian Express  

India remains the world's fastest-growing economy, with inflation expected to decline to 4.4% in FY24-25. IMF Director Krishna Srinivasan highlights the country's strong macroeconomic fundamentals, including a large and growing population, favourable harvests, and a stable fiscal situation. Srinivasan suggests that the country focus on creating jobs, removing trade restrictions, and investing in infrastructure and education to strengthen its economy …

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown
2 months, 3 weeks ago

India's Growth Outlook: A Beacon of Stability Despite Temporary Slowdown

Deccan Chronicle  

India's growth outlook remains steady despite a temporary slowdown in momentum in the second quarter of 2024-25. The country's aggregate demand is expected to shrug off the slowdown due to the pick-up in festival demand and consumer confidence. Domestic manufacturing and services PMI have shown signs of improvement, while rural demand is expected to get a boost from the improved …

Karnataka's Economic Resilience: A Beacon of Hope in a Global Downturn
2 months, 3 weeks ago

Karnataka's Economic Resilience: A Beacon of Hope in a Global Downturn

The Hindu  

Karnataka's economy outperformed the national average with a GSDP growth of 10.2% in FY 2023-24, despite global economic challenges. The State's agriculture sector faced negative growth due to drought conditions, while its IT and hardware sectors were vulnerable to global recessionary fears. However, strategic governance and diversified growth drivers have ensured resilience. The State's per capita GSDP remains among the …

Upskilling India's Workforce: A Roadmap for the Future Economy
3 months ago

Upskilling India's Workforce: A Roadmap for the Future Economy

Hindustan Times  

The article highlights the need for India to invest in skill development and upskilling its workforce to address the challenges of a rapidly changing job market. The government's recent policy aims to enhance skill development for its youth through various initiatives, including the Skill India Mission and the launch of a new scheme focused on collaborative efforts between state and …

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant
4 months ago

India to Drive 20% of Global Economic Growth in Next Decade: G20 Sherpa Amitabh Kant

News 18  

India will be driving 20 per cent of the world’s economic growth in the next decade as it continues its march to become the third largest economy globally, according to G20 Sherpa Amitabh Kant. The country will be driving 20 per cent of the world’s economic growth in the next decade, he added. “If India is to grow at 9-10 …

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024
4 months, 1 week ago

Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das at FIBAC 2024

The Hindu  

Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. "Our nation's journey towards becoming an advanced economy is drawing strength from a unique blend of factors, and these factors would include a young and a dynamic population, a resilient and diverse …

Job Creation Seems Better Than Before but What About Quality and Sustainability?
5 months, 1 week ago

Job Creation Seems Better Than Before but What About Quality and Sustainability?

The Quint  

India's job market landscape presents a complex narrative, characterised by both positive indicators and underlying anxieties. The Reserve Bank of India recently published 'Measuring Productivity at the Industry Level-The India KLEMS Database,' providing data on employment trends across 27 key industries in India. The database, spanning FY 1980-81 to 2022-23 aims to provide critical data points on economic output, worker …

India’s Modi focuses on jobs creation in first budget after winning polls
5 months, 3 weeks ago

India’s Modi focuses on jobs creation in first budget after winning polls

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and spur economic growth, while aiming to appease coalition partners it needs to stay in power. Modi said the budget will lead India toward “better growth and a bright future.” “Today’s budget will act as a …

India Needs to Create 78.51 Lakh Jobs in Non-Farm Sector: Survey
5 months, 3 weeks ago

India Needs to Create 78.51 Lakh Jobs in Non-Farm Sector: Survey

Deccan Chronicle  

New Delhi: The government on Monday asserted that the Indian economy needs to generate around 78.51 lakh jobs annually in the non-farm sector to meet growing demand and population growth. “The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce,” said the survey. “Casual …

Economic Survey 2023-24: Only 51% graduates employable
5 months, 3 weeks ago

Economic Survey 2023-24: Only 51% graduates employable

The Hindu  

According to the Economic Survey 2023-24, 65% of India’s fast-growing population is under the age of 35, and many lack the skills needed by a modern economy. The 2022-23 Annual Report of the Ministry of Skill Development & Entrepreneurship notes, “as per National Single SignOn, 2011-12 report on Status of Education and Vocational Training in India, among persons of age …

Can agriculture sector become India’s growth engine? Economic Survey 2024 says THIS
5 months, 3 weeks ago

Can agriculture sector become India’s growth engine? Economic Survey 2024 says THIS

Live Mint  

The Economic Survey 2024, tabled by FM Nirmala Sitharaman in Lok Sabha, stated that the agriculture sector could be a growth engine for India and the world as the scope for countries to squeeze out growth in manufacturing and services is narrowing due to resource-hoarding, trade protectionism, excess capacity, dumping, and artificial intelligence. “A return to roots, as it were, …

Will AI lead to job cuts in India? Economic Survey warns these sectors
5 months, 3 weeks ago

Will AI lead to job cuts in India? Economic Survey warns these sectors

Hindustan Times  

The biggest disruption for the future of work is the accelerated growth in artificial intelligence, which is poised to revolutionise the global economy. As AI systems become smarter and more prevalent, the future of work will change significantly, said the economic survey prepared under the guidance of chief economic advisor V Anantha Nageswaran. If Generative AI significantly boosts the marginal …

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas
5 months, 3 weeks ago

Jobs Creation, Agri Push, Skill Development, MSME Support: Govt Unveils Key Policy Focus Areas

News 18  

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-24 in Parliament, setting the stage for the Union Budget 2024-25. Skill Gap Challenge The Economic Survey 2023-24 said 65 per cent of India’s fast-growing population is under 35, and many lack the skills needed by a modern economy. In India, the government has been paying focused attention to enabling …

Economic Survey 2024 key highlights: FY25 growth forecast, inflation outlook and more
5 months, 3 weeks ago

Economic Survey 2024 key highlights: FY25 growth forecast, inflation outlook and more

India Today  

Finance Minister Nirmala Sitharman on Monday tabled the Economic Survey 2023-24, which highlighted that the Indian economy is “on a strong wicket and stable footing”. Here are some of the key takeaways from the Economic Survey 2023-24: Indian economy on 'strong wicket' The Economic Survey highlighted that the economy is growing strongly, demonstrating resilience despite challenges. Inflation under control, private …

Labour ministry rebuts Citigroup's research report on employment in India
6 months, 1 week ago

Labour ministry rebuts Citigroup's research report on employment in India

New Indian Express  

NEW DELHI: The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. The ministry in a statement said the report "fails to account for the comprehensive and positive employment data available from official sources such as Periodic Labour Force Survey …

India won't be able to create enough jobs over next decade even if economy grows 7%: Citigroup
6 months, 1 week ago

India won't be able to create enough jobs over next decade even if economy grows 7%: Citigroup

Hindustan Times  

India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. India will struggle to create enough jobs for its growing workforce over the next decade even …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months, 3 weeks ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's
7 months ago

India to remain fastest growing Asia-Pacific economy in 2024, predicts Moody's

India TV News  

Moody's latest Ratings revealed that India is poised to maintain its position as the Asia-Pacific region's top-performing economy in 2024, continuing the robust growth driven by domestic factors seen last year. India to remain fastest growing economy: World Bank Earlier this week, a Work Bank report stated that India will remain the fastest-growing major economy recording a steady growth of …

India may grow 6.7% on average from FY25-FY27: World Bank
7 months ago

India may grow 6.7% on average from FY25-FY27: World Bank

Hindustan Times  

India will remain the fastest-growing major economy recording a steady growth of 6.7 per cent in the next three years including the current financial year, said a world bank report released on Tuesday. In India, growth is estimated to have picked up to 8.2 per cent in fiscal year 2023/24 -- 1.9 percentage points higher than estimated in January, according …

Bridging the Gap: How India Can Unlock the Potential of its Service Sector - News18
7 months, 2 weeks ago

Bridging the Gap: How India Can Unlock the Potential of its Service Sector - News18

News 18  

The service sector has undeniably been the primary driver of India’s growth since the year 2000. Skill Gap In India, the skill gap in the labour force is a significant challenge, with only 51 per cent of the youth deemed employable due to a lack of necessary skills. Efforts to bridge this gap must include public-private partnerships, such as the …

GDP growth impresses, but rural demand remains a worry
7 months, 2 weeks ago

GDP growth impresses, but rural demand remains a worry

New Indian Express  

India’s economic growth seems to be going gangbusters. Ending nearly a decade-long wait, real GDP growth crossed the 8 percent mark, touching 8.2 percent in 2023-24. Provisional data released by the National Statistics Office also showed that the gross value added—net of subsidies and taxes, and hence considered a better measure of economic activity—grew by 7.2 percent. Agriculture and allied …

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent
7 months, 2 weeks ago

India's economy grows 7.8 per cent in March quarter, annual growth rate hits 8.2 per cent

India TV News  

India's Gross Domestic Product demonstrated robust growth in the January–March 2024 quarter, exceeding analysts' expectations, as per the latest official data released on Friday, May 31. For the full financial year 2023–24, India's GDP growth rate stood at an impressive 8.2 percent, up from 7 percent in FY23, according to an official statement. Analysts had anticipated slower GDP growth for …

Don’t take India’s strong services exports story for granted: Goldman Sachs
8 months, 2 weeks ago

Don’t take India’s strong services exports story for granted: Goldman Sachs

The Hindu  

April 29, 2024 09:57 pm | Updated 10:08 pm IST - NEW DELHI While India’s services exports had grown sixfold between 2005 and 2023 to about $340 billion and were potentially poised to hit the $800-billion mark in 2030, Goldman Sachs cautioned against complacency citing challenges such as the lack of skilled talent and resource stress in key hubs like …

Indian economy projected to grow 6.5% in 2024: UNCTAD
8 months, 4 weeks ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu  

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

Has the growth of India’s economy translated into domestic jobs?
9 months ago

Has the growth of India’s economy translated into domestic jobs?

Live Mint  

Recently, two international organizations published their assessment of India’s labour market and employment situation. Over the 42 years between 1980-81 and 2021-22, non-farm employment in India grew at a compounded average annual growth rate of 3.16%. As stated in its report, the concern of the World Bank is that the employment ratio in South Asian economies, including India, has declined …

World Bank projects Indian economy to grow at 7.5% in 2024
9 months, 1 week ago

World Bank projects Indian economy to grow at 7.5% in 2024

Hindustan Times  

The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent. Overall, growth in South Asia is expected to be strong at 6.0 per cent in 2024, driven mainly by robust growth in India. Overall, growth in South Asia is expected …

Indian economy to grow at 7.5 per cent in 2024, projects World Bank
9 months, 1 week ago

Indian economy to grow at 7.5 per cent in 2024, projects World Bank

India TV News  

The Indian economy will grow at 7.5 per cent in 2024, according to latest estimates by the World Bank. It raised India's economic growth forecast by 1.2 per cent to 7.5 per cent for 2023-24, on the back of robust activity in services and industry in its latest update for South Asia. The increase in the projected growth rate for …

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