1. AI may slow entry-level hiring and widen inequality warns CEA Nageswaran

AI may slow entry-level hiring and widen inequality warns CEA Nageswaran

India

  • Chief Economic Adviser V Anantha Nageswaran said India must build manufacturing, draw foreign investment and create AI-suited jobs by 2047.
  • Speaking at the 13th SBI Banking & Economics Conclave 2026, he said manufacturing and services must grow together.
  • He said India must offer tax certainty and investor protection, and prepare for supply chain disruptions.
  • Nageswaran highlighted AI may slow entry-level hiring, which could widen inequality; India's economy grew 7.8%.

Source: economictimes.indiatimes.com

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