Top Economist on the Future of India's Jobs: AI, Semiconductor Industry, Informal Sector and More!

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Apr 4, 2024

Top economist Neelkanth Mishra shares deep insights into India's economic landscape. Topics include challenges in informal economy, scaling manufacturing, boosting growth, AI's impact on jobs, and potential immigration corridors. The discussion also covers financial mechanisms, service sector outlook, and democratizing opportunities for holistic growth.

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Introduction

00:00 • 4min

Challenges and Opportunities in India's Workforce

03:57 • 23min

Empowering Small Scale Manufacturing for Economic Growth

26:39 • 12min

Manufacturing Challenges and Opportunities in India

38:30 • 8min

Exploring Services' Role in Job Creation and China's Financial Repression

46:01 • 5min

Exploring Structural Issues, Quality of Life, and Poverty Reduction

51:28 • 4min

Driving Economic Growth Through Services and AI

55:07 • 27min

Analysis of AI Adoption and Its Impact on Employment

01:22:05 • 3min

What is the true story of India's employment landscape, and what can we learn from these stories to scale the economy meaningfully? Neelkanth Mishra shares deep insights from his years of research and experience in the field - for our last SparX special series on India's Economics. If you are curious about India's labour force and want meaningful insights into India's current stage - this episode is a must watch! Don't miss it. 00:00:00 - 00:01:11 Coming Up 00:01:11 - 00:02:52 Episode Introduction 00:02:52 - 00:14:24 India's Informal Economy: Explained 00:14:24 - 00:19:58 How Can We Get Rich Before We Get Old? 00:19:58 - 00:29:47 How Can We Scale India's Manufacturing Sector? 00:29:47 - 00:38:30 What Is Holding India Back From Achieving Growth? 00:38:30 - 00:46:01 Boosting India's Manufacturing Capabilities: Make In India, Semiconductors and more! 00:46:01 - 00:55:29 Analysing Financial Mechanisms for Growth: Why we can't adopt China's model 00:55:29 - 01:01:29 Service Sector in India - What can we expect in the coming years? 01:01:29 - 01:06:29 Knowledge Transfers Re-Shaping the Country - IT, Aerospace and Semiconductor Industry 01:06:29 - 01:10:55 Possibilities of Immigration Corridors Between India and the World! 01:10:55 - 01:13:49 Democratising Opportunities Across India 01:13:49 - 01:17:10 Job Creation In the Coming Years: Holistic Growth, State Intervention and Optimism 01:17:10 - 01:23:36 How Will AI Affect India's Jobs? 01:23:36 - 01:24:31 Concluding Comments 01:24:31 - 01:25:18 Outro Resources 1. Trends of employment in the Indian agriculture sector https://data.worldbank.org/indicator/... 2. Data for India’s exports for the month of February, 2024 https://commerce.gov.in/wp-content/up... 3. Periodic Labour Force Surveys: https://esankhyiki.mospi.gov.in/catal... 4. Visit the MOSPI website for more information: https://esankhyiki.mospi.gov.in/ 5. More on India’s semiconductor industry: https://economictimes.indiatimes.com/... 6. An overview of India’s manufacturing sector: https://www.statista.com/outlook/io/m.... 7. Data on global immigration patterns: https://worldmigrationreport.iom.int/...