IMF Urges India to Boost High-Quality Jobs and Productivity Growth

The International Monetary Fund (IMF) has urged India to focus on creating high‑quality employment opportunities and boosting productivity growth in its latest economic assessment. The IMF highlighted that India’s current job creation rate falls short of the 6.5 % target set for the next decade, and productivity growth has remained below the 2 % threshold needed to sustain long‑term growth. The report stresses that improving labor market quality—through better wages, skills training and formal sector participation—will be crucial for raising living standards. Policymakers are expected to consider reforms that enhance productivity, such as investing in technology, streamlining regulations and expanding infrastructure, to meet the IMF’s recommendations.