India using its manpower inefficiently: Paul Krugman

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Mumbai, July 5 (IANS) Nobel Economics laureate Paul Krugman on Wednesday said that India could move towards a higher growth provided it used its “potential labour” more efficiently.

“India is not well structured enough to use its potential labour. Many Indians are inefficiently employed in agriculture,” he said at the 4th State Bank of India Banking and Economics Conclave here.

He said that as compared to the world, India was well positioned and could move towards a better growth.

–IANS

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