India must focus on skilled and un-skilled labour for inclusive growth: Economic Survey
The Dollar Business Bureau Ahead of the Union Budget for FY2015-16 on Saturday, the Economic Survey said on Friday that India can herewith concentrate on increasing investments instead of depending on borrowings. The Survey also stressed on the role of Make in India and the government’s supposed objectives to be achieved under that initiative. In this regard, the survey raised point on what should be India’s focus under ‘Make in India’, referring to two aspects of manufacturing and services. Pointing to the categorization of manufacturing in formal and informal sectors, the Survey suggests that in order to achieve expansion and a structural transformation, India need to concentrate on unskilled labour, which is its dominant resource. While mentioning that ...
