Mastercard CEO Ajay Banga.
Emphasizing that India
should focus on productivity to ensure robust GDP growth, MasterCard president
and CEO Ajay Banga cautioned that the country cannot depend on manufacturing
alone to create one million jobs a month which it is aspiring for.
"My belief is that what India is trying to do and needs to do more of is democratizing productivity.
India is all about creating jobs and quality of life. Whether you
are a politician or a government employee, private sector person, mother, rich businessman, if you create jobs and you give quality of life that's
all India is speaking about now," he said yesterday.
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