India needs 8%-8.5% growth to create enough jobs: Raghuram Rajan

New Delhi, 11/10: India’s economy is showing signs of steady growth but needs to expand at a pace of over 8 per cent to create enough jobs for the world’s most populous nation, former Reserve Bank of India Governor Raghuram Rajan said.

“We should be going at 8 per cent-8.5 per cent given the needs of the population and the need for jobs,” Rajan said via video link at an event in Beijing on Friday. Economic growth at 6 per cent-6.5 per cent is strong compared with other countries, “

Comments are closed.