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Looming job crisis threatens India's economic recovery
The IMF last week predicted a 12.5% annual growth for India in 2021, the fastest among major economies and the only one set to register a double-digit growth rate. The Straits Times' India Bureau Chief looks at opportunities and challenges ahead.
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Nirmala Ganapathy India Bureau Chief In New Delhi, Nirmala Ganapathy
Until March last year, Mr Sachin Maity had a job making tea and coffee for office workers, but he lost it during the 21 days of India's coronavirus lockdown. Now dependent on his mother, the 23-year-old Mr Maity does not see a way out of unemployment with a second wave of infections hitting the country.
"We have faced lots of difficulties but we are somehow managing. There are so many people like me," he said.
