The economists' comments follow the release of labour department figures earlier this week, which showed the creation of 20 million new employment opportunities annually since the 2017/18 fiscal year. This figure contrasts with a Citibank report claiming that only 8.8 million jobs were added each year since 2012, according to Reuters.

India’s economy grew 7.8 per cent in the March quarter, pushing up the annual growth rate to 8.2 per cent, according to official data released on Friday.