India's Growth Steady But More Needed for Jobs, Says Rajan; Highlights Unemployment and Manufacturing Challenges
-
India's economy growing steadily but needs 8-8.5% growth to create enough jobs for young population, says former RBI governor Raghuram Rajan
-
Unemployment rate climbed to 10.05% in October, highlighting job crisis in India
-
India trying to move up manufacturing value chain but has long way to go to make full cell phones domestically
-
Government spending on infrastructure, balance sheet cleanup, demand from upper middle class driving India's growth
-
Rajan sees high probability of US economy slowing too much, not a soft landing