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Citigroup claims India will struggle to create enough jobs
Now, we turn our attention to an important debate brewing. Will India be able to create enough jobs? Economists at Citi group, in a report, said the country's unemployment is poised to rise even if the economy grows at 7 per cent annually as projected. However, the Indian government has refuted those claims and alleged that the Citi report failed to consider the positive trends and comprehensive data from official sources.
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