BusinessPhoto: Amar BusinessD Subbarao Highlights India's Challenge of Job Creation Amid Fast Growth
Former RBI Governor D Subbarao stated that while India is achieving rapid economic growth, making it employment-intensive remains a major challenge. Sustaining over 7% growth requires strong private investment, labor-intensive manufacturing, improved human capital, and deeper integration into global value chains. He expressed optimism about India's medium-term prospects but warned against complacency. Recent data shows 7.8% GDP growth in Q1, supported by strong domestic demand and exports despite global challenges.
Amar Business·




