India – Industrial jobs needed says economist Pranab Bardhan

Eminent economist Pranab Bardhan today said the country requires a massive labour-intensive industrialisation to create more opportunities.

“I am in favour of labour law reforms. The new government has already taken steps to change it but I think the country needs massive labour-intensive industrialisation,” Bardhan, professor Emeritus of Economics at the University of California, Berkeley said while speaking at the 13th Institute Lecture Series organised by the Indian Institute of Management, Calcutta here.

“Huge number of entrant, around 10-20 million labourers are entering each year and we have to get them jobs,” he explained.

Chosen excerpts by Job Market Monitor. Read the whole story at India needs labour-intensive industrialisation: Bardhan | Business Standard News.