India taps global labor mobility to absorb its burgeoning workforce

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Source: CNBC
India taps global labor mobility to absorb its burgeoning workforce
Photo: CNBC
TL;DR Summary

India is formalizing labour mobility pacts to send skilled workers overseas as domestic job growth lags and remittances help fund the economy, contrasting with China’s brain-gain. The plan faces backlash from anti-immigration sentiment abroad as countries tighten visas, but proponents say treaties provide durable access to foreign labor markets and help manage a large working-age population.

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