More jobs in industry, services must to eliminate poverty
The Dollar Business Bureau While agriculture sector has limited potential, job creation in industry and services is the key to India’s prosperity, said Arvind Panagariya, Vice-Chairman, NITI Aayog. He said even though half of India’s workforce is engaged in agricultural activities, the sector contributes only 15% to the country’s Gross Domestic Product (GDP). The remarks came as Panagariya launched the organisation’s website www.niti.gov.in on Monday. “Unless workers have the opportunity to migrate to better paid jobs in these sectors, they will be unable to fully share in the prosperity experienced by a fast-growing economy,” Panagariya wrote in his first blog posted on the website. Expressing concern over low rate of growth in agriculture sector, he said that those engaged ...
