Bigger India
Employment and environment two big worries for India’s economy: Joseph Stiglitz
Stiglitz said that India lies in the zone which will be worst affected by climate change and it will be a challenge for the economy going into the future.
Nobel laureate and globally acclaimed economist Joseph Stiglitz said that employment and environment are the two big worries for the Indian economy going into the future.
He said that India will continue to grow and become a strong economy but job creation will be a concern for its economy as it has managed to create jobs in the urban centres which is a small fraction of the new entrants in the labour force . The Nobel laureate also highlighted the environmentally unsound methods of agriculture in India saying it is unsustainable.