A
What happened
India's rapidly growing population, often seen as a demographic dividend, could become a burden if the country fails to create sufficient employment opportunities. With millions of young people entering the workforce each year, the pressure is on India to generate jobs to harness the potential of its youthful population.
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Key insights
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1
Demographic Dividend at Risk: India's large youth population should be an economic advantage, but without job creation, it risks becoming a demographic burden.
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2
Potential Economic Growth: With the right policies, India's young workforce could drive significant economic growth, but this requires investment in education and skill development.
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3
Policy Challenges: The government faces significant challenges in reforming labor markets and creating an environment conducive to job growth.