As per ADB, Asia and the Pacific can effectively manage their demographic deficits through proactive regional migration policies and human capital investment.
At an event jointly hosted by the Confederation of Indian Industry (CII) and the Employers' Federation of India (EFI) on Friday, she said, "Our demographic dividend and labour reforms will drive future growth. Now, India's GDP is about USD 3 trillion and is expected to reach USD 33 trillion
She stressed the importance of achieving higher productivity to attract investments, which would boost production and exports, catalyse economic growth, and lead to further employment generation, creating a self-sustaining virtuous cycle.
To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend that started accruing from 2018 and, as calculations show, will last till 2055, according to an article in the Reserv
He reiterated the commitment of the UT Administration towards the empowerment of youth and providing them conducive environment to unleash their true potential. 65 percent population of J&K is youth. This demographic dividend is our biggest strength, the Lt Governor said.
Mumbai (Maharashtra) [India], January 3: India is at the brink of a diabetes epidemic, with over 101 million people living with diabetes and over 130 million with a very high risk of developing it in the next 5 years. Despite advances in healthcare, the world is staring at a ticking time bom
India, now crowned as the most populous nation globally, holds a trump card in its youthful demographic structure. With a median age of 27, the country anticipates significant economic benefits, driven by a working-age population set to grow by approximately 7 million annually until 2041.
Kolkata (West Bengal) [India], December 26: A catchment market of billion plus population, strong demographic dividends, and reorientation of global supply chain in favour of India are opening opportunities for small business across the country. Penetration of ecommerce and social media have
New Delhi [India], December 12: India's progress towards becoming a global economic powerhouse depends on having a skilled workforce and allowing its demographic dividend to thrive. Many young graduates in India seek employment opportunities after completing their studies but often lack the
Speaking at the event, Dharmendra Pradhan said, "India, with its vast and youthful population, stands at the cusp of tremendous potential. To harness this demographic dividend, it is crucial to equip the youth with the necessary skills to excel in today’s modern workforce."
India — with huge potential of demographic dividend and digital prowess — was mired by fractious politics, has undergone great political stability under Prime Minister Narendra Modi, which has allowed for legal reforms, improvements to basic welfare systems and a vast upgradin