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    <title>India to generate 8 mln jobs per year for next 10-12 years: Chief Economic Advisor Nageswaran</title>
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    <description>Policy must focus on creating sustained annual employment and raising manufacturing share, supported by viable MSME development and integration into global value chains. Policymakers should balance labour-centric measures with technology adoption to address AI-driven displacement of entry-level jobs. Investment rates must rise or existing investments must be made more productive amid constrained global capital flows, while external competitiveness-through quality, R&amp;D, logistics and connectivity-remains important but cannot be the sole engine of growth; domestic deregulation and structural reforms are therefore essential to sustain medium-term growth toward development goals.</description>
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