Global Shift in Employment Strategies: A Call for Collaborative Action

Finance Minister Nirmala Sitharaman emphasizes the urgent global need for job creation amid technological and economic shifts. She urges the World Bank to collaborate with countries to identify high-priority skilling sectors, emphasizing a comprehensive, multi-sectoral analysis to balance job loss and creation while considering geopolitical impacts.

Finance Minister Nirmala Sitharaman has highlighted job creation as the most critical global issue amid ongoing economic challenges and rapid tech changes.

Speaking at a World Bank plenary, she urged collaboration to pinpoint key skilling sectors for employment generation, emphasizing a multi-sectoral approach to grasp emerging trends.

Sitharaman also met Rachel Reeves, UK Chancellor of the Exchequer, to discuss bilateral issues and anticipate future economic dialogues.

(With inputs from agencies.)