Building foundation to monetise India's demographic dividend
Business Standard
|July 24, 2024
Budget 2024 highlights the government's continued focus on building a strong foundation that empowers citizens and organisations to drive inclusive and sustainable economic growth.
The policy initiatives announced attempt to solve for structural issues that have been impeding the nation from attaining its growth potential.
A lot has been said about India's demographic potential in recent years-being home to more than 600 million people between the age of 18 and 35, with 65 per cent under the age of 35-and this demographic advantage will prevail for another three decades or so. Having crossed the inflection point in terms of GDP per capita a few years ago, the next phase of growth will be defined by a future-ready workforce to drive our momentum towards a Viksit Bharat.
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