GROWTH vs DEVELOPMENT
 
      I recently came across the news that India is facing a jobless  economic growth (http://tinyurl.com/zj52k4p). This means that the  economic growth is capital intensive but not labor intensive. The GDP is  at an average of 7%, yet unemployment is growing. We have not been able  to create enough jobs for the new workforce which is entering into the  market every year. What does this indicate about the development of the  nation ?   This prompts us to understand the difference between growth and development.   Read more: / https://www.linkedin.com/pulse/growth-vs-development-vijaya-devi-s/  
 
 
