Government Responds to Citigroup's Employment Forecast for India
Monday, 8 July 2024, 14:59
India's Employment Outlook
The government of India has responded to Citigroup's recent research report on employment in the country.
Citigroup's Forecast
The report raised concerns about India's ability to create sufficient job opportunities, even with a 7% growth rate.
Government's Rebuttal
- Official Data: The government points to reliable data from sources like the Periodic Labour Force Survey and RBI's KLEMS data.
- Optimistic Perspective: Challenges Citigroup's pessimistic outlook on employment in India.
The response underscores the potential for continued growth in job opportunities despite the challenges cited by Citigroup.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.