India will now soon be the world’s most populous nation on the earth. It has a sizeable proportion of young people — this means the population will keep growing at least for some time even if overall fertility is low and more people will be availa...
By ET Bureau | Updated:
India becomes the world's most populous nation with 142.86 cr people surpassing China: UN
India will now soon be the world’s most populous nation on the earth. It has a sizeable proportion of young people — this means the population will keep growing at least for some time even if overall fertility is low and more people will be available for work. Can India reap this demographic dividend.
Here’s a look at some of the issues:
What can be done?
Urgent labour reforms to encourage companies to hire more.
India can bridge manpower shortages emerging in many countries.
Focus on education and skilling to improve employability.
Rapid urbanization must, big investment in infrastructure creation needed for improving quality of life as well as generating jobs.
Dependence on farm sectors for jobs has to reduce sharply.
Focus on gender equality must to boost women participation.
Technology and digital innovations can help being in transformation across all sectors.
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