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Context: India has a nearly 34-year window of opportunity to leverage its human resources and realize its growth potential before a phase of demographic burden sets in. The article suggests focusing on improving productivity and thereby the manufacturing sector to avoid the middle-income trap.
What is the middle-income trap and why it matters for India
How can India avoid the middle-income trap
1) Improve productivity
2) Strengthen manufacturing sector
3) Technology intensive manufacturing
Steps to improve tech-intensive manufacturing
We need appropriate interventions to improve productivity—both economy-wide and within the sector. And we must do it now.
By: Shubham Tiwari ProfileResourcesReport error
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