Thursday, June 2, 2011

Standard Chartered On The Demographic Crisis That Could Create A Disaster In India


By Mamta Badkar – Business Insider

India's burgeoning population has been touted as basis for the country's growth story. Nearly half of its 1.25 billion people are under the age of 25 and by 2030 the country's median age will be 31, much lower than China's 42 and Japan's 52, according to a report by Standard Chartered.

But without massive job creation, India's demographic resource could become a huge, and potentially disastrous, burden.


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