‘6.5% GDP not enough…’: India’s 65% youth population may go untapped, warns TRUST Mutual Fund CIO in sharp post
India faces a key crossroads. Under the age of 35, by almost 65% of its population, the country is filled with potential. This demographic dividend – one of the largest youth workers in the world can be a powerful engine of long-term economic growth. But it promises to be smoking on one decisive question. India will rise on the occasion or will miss the opportunity.
The Chief Investment Officer of the Reliable Foundation, Mihir Wora, expressed concern whether India really uses its demographic advantage.
In the last post of X, World Wrote:
He didn’t stop there. “The 6.5% GDP growth is not enough to remove us. We need to have a target of 8-10%, “he added.
Vora’s comments came to another position, which criticized the priority of resources towards short-sighted goals. This post, GM, “Zayn Henngerger”, “GM Delta 70” mourned “Time, Talent and Capital Mistake” to build unicorns, which resolves “lazy problems” like food delivery.
“I think we will touch in 25 years and we will understand that we have left time, talent, and capital in great nonsense,” he wrote. “Since 2000, US steel production has decreased by 34% (108 m tons 71 m tons), we lost 5.8 m production works, and China now produces 57% of global steel.”
Demographic dividends as a country sees a greater part of the working age with dependence on dependence on the window of economic potential. But this potential can only turn true profits with the right investments of education, skills and employment generation.
If not, the risks are equally significant. Unemployment, social unrest and generation of wasted potential.