New York Times Article ‘After Vote, Is it India’s Time to Shine?‘, makes a compelling case for India to reap its demographic dividend. According to the article, China’s population will soon start to age, eroding the demographic dividend that has helped fuel 10 percent annual growth for the past 30 years. Every second Indian, by contrast, is still younger than 25.
India can learn from China to develop light manufacturing to provide employment for tens of millions of surplus farm laborers. Better urban management will be an imperative as more Indians flock to cities in search of work.
Now, after a decisive general election victory for the Congress party, markets is anticipating the prospect that political and policy continuity will allow India to start closing the development gap with China.
India has a unique chance to finally live up to the hype ‘India Shining’.




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