IMF Says Unemployment A Major Challenge For India But Reforms Will Create Jobs

The International Monetary Fund (IMF) has also acknowledged that inIndia unemployment is a major challenge, but it also said that reform being set in motion would help create 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 IMF spokesperson, Gerry Rice, told reporters at a news conference in Washington.

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