Economics India

Thursday, December 29, 2005

India's Demography Fueling Economic Growth

India’s demography is helping the country to grow. The proportion of workforce to total population currently at about 64% will increase to 68% over the next decade, which means that by 2015, some 825 million people will be contributing to economic growth.

Will Indian Economy Soon Grow At 10%?

Yes, India’s Prime Minister, Dr. Manmohan Singh, hopes so! The Indian economy is currently growing at 7-8% p.a. but there are formidable constraints to sustain even this rate. If the economy must grow at 10%, India will have to work on improving its savings (and investment) rate; increase agricultural productivity and output; and upgrade infrastructure. We will address these questions as we go along and explore if and where the prevailing economic environment hurts and must improve. If you have any thoughts, please do post.

Sunday, December 25, 2005

Happy New Year

Happy New Year. Starting from January 1, please look forward to interesting articles and comments on Indian economy, politics, sociology, environment and public interest issues.