Economists urge labour-intensive growth to tackle India job issues
In short
At the Business Standard BFSI Insight Summit 2026, economists Sajjid Chinoy and Soumya Kanti Ghosh called for more labour-intensive manufacturing, better skilling and a balanced approach to AI.
This matters because they said India needs growth that creates more jobs. It is not stated what policy changes, if any, will come next.
What the reporting says
Economists Sajjid Chinoy and Soumya Kanti Ghosh called for labour-intensive manufacturing, better skilling and a balanced approach to AI at the Business Standard BFSI Insight Summit 2026. Their comments focused on India’s job challenges and the need for growth that creates more employment. The immediate implication is policy pressure toward job-rich sectors, while the report does not say what specific measures will follow.
Why it matters
At the Business Standard BFSI Insight Summit 2026, Sajjid Chinoy and Soumya Kanti Ghosh argued that India needs labour-intensive manufacturing, stronger skilling and a balanced approach to AI. Their remarks were tied to job challenges, but the source does not give detailed policy proposals or official responses. The likely policy relevance is to employment and industrial strategy, though next steps are unknown.