7.5% growth cannot create enough jobs for India: Rajan
Former RBI Governor Raghuram Rajan has said 7.5% GDP growth won't be enough to create good jobs for 1.2 crore people joining India's workforce every year. "We can move up to maybe 10%," he added. On how quickly can India achieve 10% growth, Rajan said it could happen after the 2019 Lok Sabha elections because reforms are unlikely till then.