In this article for Mint, Niranjan Rajadhyaksha, Executive Director, Artha Global, argues that as India transitions to a middle income economy, the government must support firm dynamism to support rising prospects for its citizens looking for work.
Excerpts below:
“It is no secret that India right now has an employment structure that is heavily skewed towards tiny enterprises that find it difficult to grow. Many of these businesses have been set up as acts of distress entrepreneurship because of the lack of adequately paying jobs. India needs dynamic firms to absorb its growing labour force.”
You can read the full article here.
Image sourced from Mint.
