Delhi, 21 January (H.S.): The job market in India has been a major concern for both the government and the citizens. Former RBI Governor Raghuram Rajan believes that the Modi government has made significant progress in terms of infrastructure development, but there is still a need to boost the job market in order to improve consumption.
Speaking at the World Economic Forum Annual Meeting, Rajan also highlighted that the recent depreciation of the rupee against the US dollar is more due to the strengthening of the American currency rather than any domestic factor.
Thus, he hopes that the upcoming Budget will include concrete steps to address the issue of unemployment and stimulate economic growth in India. With a strong focus on infrastructure and job creation, the government can ensure a better future for its citizens and strengthen the overall economy.
Hindusthan Samachar
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