This Article First Appeared In Fortune India On Dec 22, 2022
A recent article by Raghuram Rajan (ex-RBI Governor), Lamba and Chauhan referenced the government’s Periodic Labour Force Survey (PLFS) and Centre for Monitoring Indian Economy’s Consumer Pyramids Household Survey to estimate that 35-39 million Indians of working age aren’t able to get jobs. Without a doubt, one of the most formidable challenges that the government faces, considering our demography, is the creation of jobs. And maybe the best way to address that is to continue to unleash India’s entrepreneurial energies. Here are some thoughts to encourage that.