
India's Decade: Can the Country Deliver on Its Promise?
The Morning Brief
00:00
The Demographic Dividend
The demographic dividend that under effort is that we keep talking about how can artificial intelligence tackle or help harness this reference energy. It's quite strange to see the way India has evolved as a digitally aware country. I think if we really need to be providing jobs for all the youth that we have, we don't need manufacturing sector. For instance, many of us maybe live in gated communities. The people who come and do housekeeping could actually be going and working in a factory nearby. As Milton Friedman said, the permanent income hypothesis that really builds up consumption and boom, boom, boom will actually be important for macro as well creating jobs.
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