Global trends show a relative decline in self-employment as a country ascends income brackets
Mint has reported a new India-focused economy development: “Global trends show a relative decline in self-employment as a country ascends income brackets.” The publisher's feed describes the story as follows: For India to achieve upper middle-income status by 2047, it needs a substantial employment shift in favour of formal jobs. For that to happen, employers of all sizes—small, medium and large—must grow. Intellectual Janata Party includes this item for public-affairs discovery and context on
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