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Labour productivity key to becoming a developed nation
Mint Chennai
|May 30, 2025
Increasing labour productivity is central to India's aspiration of becoming a developed nation in about two decades, as it would raise living standards and boost growth momentum, said Suman Bery, vice chairman, federal policy think tank NITI Aayog, on Thursday.
The 'Viksit Bharat' vision entails India becoming a high-income society that empowers citizens to realize their potential and aspirations, for which the demographic dividend should be leveraged. Such a development would be a means to an end, which is ensuring the dignity of the people, Bery said, speaking at the Confederation of Indian Industry's (CII) annual business summit in New Delhi.
"The point I am going to make is that for these goals, a sustained rise in the productivity of labour is crucial."
This story is from the May 30, 2025 edition of Mint Chennai.
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