TRUST Mumbai 2016 Created, 02/02/2015 Refined, 15/06/2016 1|Page Preface Make in India – a major new national program designed to facilitate investment, faster innovation, “Enhance Skill Development”, protect intellectual property & build best-in-class manufacturing infrastructure. Skill development in India is the call of this hour. Among the developing countries of the world, India has the highest potential to meet the skill gap with its large, young, English speaking population
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Capitalizing India’s demographic advantage Contents S.no | particular | Page no. | 1 | introduction | | 2 | Stricture of India’s workforce | | 3 | Possible Indian workforce structure by 2020 | | 4 | Comparison of India’s workforce with china china’s workforce | | 5 | Advantages of India’s Demographic Dividend * Cheap labor * Exporting labor force to other countries * Inflow of foreign
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world’s oldest civilizations and one of the youngest nations. Our country’s demographic profile has undergone a major evolution. Now, there is a preponderance of youth. This is a decisive factor in determining our nation’s destiny. .The magic wand is India's people power. The world’s most populous nation, which has built its economic strength on seemingly endless supplies of cheap labor, . The demographic dividend, projects the median age of India’s population as a whole to be 27.5, significantly
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WORKING P A P E R Demographic Trends, Policy Influences, and Economic Effects in China and India Through 2025 JULIE DAVANZO, HARUN DOGO, AND CLIFFORD A. GRAMMICH WR-849 April 2011 This product is part of the RAND National Security Research Division working paper series. RAND working papers are intended to share researchers’ latest findings and to solicit informal peer review. They have been approved for circulation by RAND National Security Research Division but have not been formally edited
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growth? Over the past two decades, one of the most compelling economic stories has been the rise of India and China, two of Jim O’Neill’s “BRIC” countries (FT Magazine, 2010). Despite the implementation of different economic policies (Gupta, 2008) both countries have emerged as major economic forces in the global economy (Bosworth and Collins, 2007), most notably since 1980. Since then, India and China have experienced a significant reduction in poverty with China lifting 500 million out of social
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policies governed India. Economy was characterized by extensive regulation and public ownership of large monopolies. Owing to economic liberalization in 1991, the country moved to a market based economy and slowly established itself as the world’s fastest growing economies when it reached its highest recorded GDP growth rate of 9%. However there has been significant debate, around liberalization as an inclusive economic growth strategy. Since 1992, income inequality has deepened in India with the wealthiest
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domestic and global industry sectors. This is the ideal way forward that will strengthen the process of quality and inclusive education. India’s Demographic Bonus Being one of the emerging and powerful countries in the world, India holds an incentive of demographic bonus. India is expected to have the largest workforce in the world by 2025; as stated in the “India supplier the workforce of the world - “Financial Times”. Evidently apart
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point at which China would move from a vast supply of low-cost workers to a labor shortage economy, it could quickly lose its competitive edge to other emerging economies that still enjoy significant demographic dividends.”(Yanzhou Huang) “According to an OECD report, China will be surpassed by both India and Indonesia in terms of economic growth rate after 2020” Second, China’s workforce shrank in 2012 for the first time in decades (Charles Riley). And this phenomenon trends to continue. Some cities
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Chapter: Government Plans Programme & Policies Topic: INDIA, G 20 AND THE WORLD (PART -1) Introduction Second World War was definitive in redistribution of the world power. Authority of United States of America was established and after a prolonged cold war with the other waning super power, USSR, the power slowly shifted towards the western democracies led by US. Japan was quick to recover too and through its technological innovations & business practices soon became a formidable force
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India@2025: Perils, Promises and Prospects Since the independence India has always witnessed swing of fortunes. Seen as a leader of Third World countries in during 1950s, the country soon slumped into a food deficient nation in mid 1960s after a severe drought. It was followed by Green revolution where India turned the tables. The seventh decade of twentieth century saw populist campaigns like Garibi Hatao and imposition of emergency in 1975 to restoration of democracy in 1977. Not so long ago
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