WASHINGTON: Acknowledging that unemployment is a major challenge that India is facing currently, the IMF today exuded confidence that the reforms being carried out in India in the last few years would end up creating new jobs in the country.
“Clearly India faces a challenge in terms of providing sufficient employment for a number of people looking for work and particularly young people. But yes, the measures and the reforms that India is undertaking will over medium term create jobs,” the International Monetary Fund spokesperson, Gerry Rice, told reporters at a news conference here.
Noting that India has been one of the fastest growing large economies in recent times, he said this has led to improvement in reducing poverty and improvements in living standards. (AGENCIES)
Follow our WhatsApp channel