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Author

Mihir S. Sharma

/mihir-s-sharma-quotes-and-sayings

3 Quotes
1 Works

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About Mihir S. Sharma on QuoteMust

Mihir S. Sharma currently has 3 indexed quotes and 1 linked works on QuoteMust. This page is the canonical destination for that author archive.

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Restart: The Last Chance for the Indian Economy

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The main goal of the regulatory policy has been to control the size of Mumbai by penalizing any new development, fearing that economic success would attract more people._ Yes, we have deliberately planned for our cities to fail. That has been our intent. If they succeed, then more people would move there, __ho would have to share an already deficient and immutable infrastructure_. Bertaud concludes: __his is a very pessimistic view of urban development.' An understatement, so classically French!

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13 million Indians will join the workforce every year from now till 2030. They know their prospects aren__ good. Here__ why: in the years from 1972 to 1983__ot celebrated as a time of overwhelming prosperity__he total number of jobs in the economy nevertheless grew 2.3 per cent a year. In the years between liberalization in 1991 and today, jobs have grown at an average of only 1.6 per cent a year. But, if these young people have to be absorbed, then jobs must grow at least 3 per cent a year__lmost twice the rate at which they have since liberalization. This is simply not happening. In other words, one out of every two youngsters who starts looking for a job next year won__ find one.

MS
Mihir S. Sharma

Restart: The Last Chance for the Indian Economy