India needs to create 148 mn additional jobs by 2030 given population growth: IMF DMD Gopinath
India needs to create 148 mn additional jobs by 2030 given population growth: IMF DMD Gopinath
NEW DELHI: India has been a laggard among G20 nations in terms of employment generation and the country needs to create an additional 148 million jobs by 2030 given the population growth, IMF's First Deputy Managing Director Gita Gopinath said on Saturday.
India on an average grew at 6.6 per cent for the decade starting 2010 but the employment rate was under 2 per cent, she said at the Delhi School of Economics Diamond Jubilee event here.
So, India's employment rate is much less when compared to other G20 nations, she said.
