Nageswaran warns of AI’s labor displacement while heralding India’s robust economic growth amidst global uncertainties and promoting sustainable job creation.
V. Anantha Nageswaran, the Chief Economic Advisor to the Indian government, recently projected that the Indian economy will grow between 6.5% and 7% in the current financial year, with an impressive nominal growth rate of 11% accounting for inflation. He emphasized that this growth is noteworthy considering global economic challenges. Nageswaran highlighted the post-COVID recovery ...