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Do subsidies and safety nets take focus away from generating jobs?

Parley by The Hindu

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Exploring the Challenges of Jobless Growth and the Role of Economists

The chapter explores the issue of jobless growth in the era of automation and high growth in service sectors. It discusses the limitations of proposed solutions like the job guarantee scheme and advocates for creating better-paying jobs to reduce the need for such schemes. The relevance of GDP growth as the sole indicator of progress is questioned, and alternative solutions like industrial policy and job-intensive sectors are suggested.

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