The United Nations Conference on Trade and Development (UNCTAD), has warned that premature exit from fiscal expansion could lead to slow recovery of economic down turn. The Trade and Development Report 2010 was released today by UNCTAD which calls for introducing low interest rates and productivity related wage increases for faster employment generation and to reduce poverty. The report says that the developing countries in particular, should frame their policies around the fact that wages growing at the same pace as productivity will generate demand and employment. Prof. Jayati Ghosh of JNU spoke to All India Radio about the most significant India specific feature of the Report.