Former RBI governor Raghuram Rajan warns that India is not leveraging its demographic dividend effectively, citing a need to enhance human capital and skills. Despite being amidst the dividend, India’s growth lags behind predecessors like China and Korea. Rajan emphasizes the urgency of job creation and proposes measures such as apprenticeships. He critiques investments in chip manufacturing over job-intensive sectors like leather, stressing the importance of rectifying deficiencies to address India’s persistent job crisis.
Raghuram Rajan: India Failing to Harness Demographic Dividend
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/04/17145913/1711440497-337-ezgif.com-avif-to-jpg-converter.jpg)