Economic growth, for any country has a direct correlation with changes to the number of people in its active workforce and productivity gains. If we delve into the economic growth patterns in the past, a key factor to economic prosperity in the developed world from the end of World War II through the 1980s was ever-increasing working-age population.
Today, India is home to one of the youngest populations in the world. If channelled and skilled correctly, its young working class (with a median age of 31.4 in 2030) has the potential to achieve significant productivity gains, thereby bolstering economic growth.
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