Subject: Economics
Book: Comprehensive Indian Economy
India’s demographic advantage arises from a high proportion of working-age population. This can power economic growth if harnessed with quality education, skill upgradation, and productive jobs. However, lack of skill alignment, outdated curricula, and slow growth in labor-intensive sectors may squander this potential. Government programs emphasize vocational training, entrepreneurship, and bridging skill gaps. Exam prep includes debates on automation threats, labor reforms to spur formal employment, and the potential for services and manufacturing to absorb large youth cohorts. Policies that ensure women’s workforce participation can further strengthen this dividend.
What is the main purpose of monetary policy?
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