Question

What is the one simple reason for India's cheap labour?​

Answer 1

Answer:

In 1967, retired British civil servant Leonard Woolf wrote, ‘I have no doubt that if the British government had granted in 1900 what they refused in 1900 but granted in 1920; or granted in 1920 what they refused in 1920 but granted in 1940, or granted in 1940 what they refused in 1940 but granted in 1947 — then ninetenths of the misery, hatred, and violence of India’s partition would have been avoided.’

India’s inevitable but delayed Independence created needless human suffering. India’s formal job explosion is being delayed by five pending economic reforms that are, similarly, unavoidable, inevitable and overdue. The earlier they happen, the earlier India creates the 200 million new formal, private and productive jobs it needs.

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