...."India is not producing good jobs, but creating a lot of Rs 10,000-Rs 15,000 low-paid jobs which are not fancied by degree holders. India has a wage problem, not a job problem," he told PTI.
Also, India has regional and geographical problems, Pai said.
Pai suggested that India adopt the Chinese model of opening up labour-intensive industries and building infrastructure near coasts, besides investing heavily in hitech R&D to meet the aspirations of job-seekers.
Read more at: http://economictimes.indiatimes.com/articleshow/69812223.cms
Also, India has regional and geographical problems, Pai said.
Pai suggested that India adopt the Chinese model of opening up labour-intensive industries and building infrastructure near coasts, besides investing heavily in hitech R&D to meet the aspirations of job-seekers.
Read more at: http://economictimes.indiatimes.com/articleshow/69812223.cms
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