BEIJING: The first time a government worker encouraged Yumi Yang to have a baby, she thought little of it. She and her husband were registering their marriage at a local office in northeastern China, and the worker gave them free prenatal vitamins, which she chalked up to the government trying to be helpful. When an … Read more
If Indians don’t lose weight, they can forget about becoming a developed economy, a long-term goal set by the government. It”s widely argued that it is the Indian economy’s moment to shine because it has a big demographic dividend, and a large population of youth which can turn into a huge productivity boost, especially when … Read more
Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry of Rural Development Kuntal Sensarma said that the focus areas in 2024-25 should be infrastructure growth, inclusive development and harnessing demographic dividend, among others. “The … Read more
India is likely to be the second most important driver of global growth in 2022 after China despite the challenges posed by the pandemic and the war in Europe, Reserve Bank of India’s (RBI) deputy governor, Michael D Patra, said. The world’s third-largest economy in terms of purchasing power parity is going to contribute about … Read more