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McKinsey Global Institute: Making the peacock dance

The report is actually a warning -- unless India is able to considerably raise its growth rate, it risks massive unemployment

August 27, 2020 / 08:40 AM IST
McKinsey Global Institute: Making the peacock dance

McKinsey Global Institute has brought out a new report titled ‘India’s turning point: An economic agenda to spur growth and jobs’. It features a peacock on its title page, a few days after the prime minister was seen feeding peacocks. The Indian economy has usually been compared to an elephant and the peacock is a welcome change. The report is actually a warning---unless India is able to considerably raise its growth rate, it risks massive unemployment. The researchers estimate that...

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