Turn Budget focus to jobs, rural distress, says economist Ajay Chhibber
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Turn Budget focus to jobs, rural distress, says economist Ajay Chhibber

Record capital expenditure and high GDP numbers are not enough, India urgently needs to tackle the issues of unemployment and rural distress, according to noted economist Ajay Chhibber. "It is not the job of the government to create jobs, but it is the job of the government to create an ecosystem that will allow people to invest and hire and create more jobs. Just bearing down on capital expenditure alone will not do it," Chhibber, a distinguished visiting scholar at the Institute of International Economic Policy at George Washington University, told Informist in an interview.

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