India risks squandering its demographic dividend and widening inequality unless it moves swiftly on skilling and education, a top finance ministry official said.
The world’s most populous nation needs to create at least eight million jobs annually until 2030 to cater to a rapidly growing workforce and if artificial intelligence outpaces skilling of workforce, the nation risks losing out benefits of a young working age population, Chief Economic Adviser V. Anantha Nageswaran said on Monday at the AI summit in New Delhi. “We risk widening inequality at precisely the moment of greatest change.”
India Risks Its Demographic Edge Without Skilling, Official Says
