Make in India: Challenges & Prospects

The problem with Make in Indiaop-ed snap


  1. India’s natural comparative advantage lies in using its unskilled labour.
  2. But Indian manufacturing as well as services is skill-intensive, which leaves unskilled masses short of decent jobs.
  3. That automatically means there aren’t enough decent jobs for the unskilled masses
  4. Most new jobs have been in construction and that around 85% of the workforce is in the informal sector.
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