MUMBAI: Describing India's large young population as a key strength for growth, former deputy managing director at IMF John Lipsky on Tuesday called for education and skilling in particular for sustainable high growth.
"Education is a big challenge for India.. to make sure that this young population is adequately trained and have the opportunity to acquire skill.. otherwise a rapid growth in population can also create problems," Lipsky said.
He said the medium-term growth prospects for the country seems very good and he does not have any reason to differ from the higher forecasts made earlier by the IMF managing director Christine Lagarde and the OECD.
"The real issue is sustainability. Can India sustain strong growth? Things are perfect but they are not favourable in terms of circumstances facing you, but also about international attitudes about you," he said.via Business - Google News http://ift.tt/18VLW2U
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