
India’s Economic Paradox: Growth Without Jobs in the World’s Fastest Expanding Economy ( A Lecture by: Dr. Santosh Mehrorta)
India is the world's fifth largest economy at market exchange rates and third largest at purchasing power parity. It has been a driver of global GDP growth, as it has been, after China the fastest growing large economy; since 2021 India is growing faster after the recovery, faster than China. But unlike China, India's non-farm job creation is extremely slow. At least 6 million young join the la...