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India’s GDP can grow to $40 trillion if working-age population gets employment says CII
India’s Gross Domestic Product (GDP) can grow from the current $3 trillion to $9 trillion by 2030, and $40 trillion by 2047, if the country’s working-age population — which is expected to increase by over 100 million people between 2020-30, is productively employed, according to a report by the Confederation of Indian Industry (CII). The report also cautioned that if India does not create enough jobs and its workers are not adequately prepared for those jobs, its demographic dividend may turn into a liability. This, it added, can be done on a sustained basis only with changes in its policy frameworks for education and workforce management. Since the job market is biased towards high-skill labour, the creation of jobs for low-skill labour, who would continue to dominate its workforce, will challenge India, it said. In 2020, there were about 900 million people (67% of total population) in the working age group of 15-64 in India, which is expected to expand by another 100 million by 2030, despite a declining trend in fertility rate. This implies that a whopping 24.3% of the incremental global workforce over the next decade will come from India, the report states. “The golden period of 30 years between 2020-50 where our working age population will bulge can be an important horizontal enabler to bolster growth, even as the developed world including China ages,” the report says. Whereas the experts say, India may well surpass the government’s target of $5 trillion GDP by 2025 with a marginal delay.
As part of the ongoing multi-decadal growth super-cycle, India is expected to add a trillion dollar to nominal GDP every few years despite the damaging effects of the Covid-19 pandemic, demonetization and the IL&FS crisis that had shaved off Rs 8.48 trillion in investor wealth crisis over the past four years. This is a trend no investor wants to lose out on,” Experts say. Over the years, India has experienced rising literacy rates, but the level of vocational trainBy VARINDIA| 13 views
Govt to roll out 5-year plan to make India big tech player: Rajeev Chandrasekhar
The government is looking at rolling out a five-year strategic perspective plan to make India a significant tech player, Minister of State for Electronics and IT #RajeevChandrasekhar said.
Govt to roll out 5-year plan to make India big tech player: Rajeev ChandrasekharBy VARINDIA| 13 views
CII Market Facilitation Services
CII’s International Department launched Market Facilitation Services (MFS) last year to offer targeted trade and investment facilitation services to Indian companies looking to expand business operations in global markets. A consultancy service, MFS is part of CII’s constant efforts to reorient activities to keep pace with changing paradigms in the global trade and investment ecosystem. MFS aims to assist member-companies interested in entering new markets through trade and investment facilitation projects.
Learn more: https://bit.ly/3tiKHpz
CII Market Facilitation ServicesBy CII| 40 views
COVID-19 Risk Surveillance
COVID-19 is not over yet. This calls for us to be vigilant and cautious to avoid the next wave of the pandemic. Risk surveillance is the way forward.
COVID-19 Risk SurveillanceBy CII| 694 views
Indian Animation Industry
Do you love the mega action sequences of Avengers? Or were you intrigued by the world of Interstellar?
Indian animation & special effects industry had a role to play in it.
Watch the video to learn more.
Indian Animation IndustryBy CII| 121 views
CII4Development of India@75
India@75 is a path breaking initiative. It envisions how India should be in her 75th year of independence and seeks to bring together all stakeholders including the industry, government, institutions, community groups and individuals to translate the vision into a reality.
Prof C.K.Prahalad has been the inspiration behind India@75. While commemorating the 60th year of India,s independence, on 23 Sep 2007 during the Incredible India@60 commemoration at New York he articulated the idea of holistic three dimensional development of India to acquire enough economic strength, technological vitality and moral leadership by 75 years of independence. CII adopted his vision on 8 May 2008.
CII4Development of India@75By CII| 258 views
India's Journey_India@75
India@75 is a path breaking initiative. It envisions how India should be in her 75th year of independence and seeks to bring together all stakeholders including the industry, government, institutions, community groups and individuals to translate the vision into a reality.
India's Journey_India@75By CII| 147 views
Masks of India
India's rich diversity comes from the cultural heritage that has percolated over centuries. Watch the video to learn about the masks of India. Don't forget to wear the most important mask of all to ward off COVID-19.
Masks of IndiaBy CII| 122 views
Top 5 facts about Tokyo Olympics 2020
The world's biggest sporting event is here. Check out top 5 amazing facts about #TokyoOlympics2020 and #Cheer4India! Here's wishing the Indian contingent all success.
#Olympics #Olympics2020 #Tokyo2020
Top 5 facts about Tokyo Olympics 2020By CII| 142 views
Understanding Coronavirus
Coronaviruses are a group of viruses that are covered with protein spikes resembling a crown, which is called the corona. There are hundreds of coronaviruses, but seven to date are known to affect humans. Coronaviruses primarily attack the respiratory and intestinal organs of humans. SARS-CoV caused SARS, MERS-CoV caused Middle East Respiratory Syndrome (MERS) in 2012, and SARS-CoV-2 (the seventh known coronavirus) has resulted in the current pandemic.
Understanding CoronavirusBy CII| 115 views
CII Mask Campaign_1
कोरोना अभी टला नहीं है। नजदीकी टीकाकरण केंद्र जाकर टीका आवश्य लगवायें ।
CII Mask Campaign_1By CII| 93 views
Rapid Antigen Test at home
ICMR has now allowed Rapid Antigen Test (RAT) at home. Watch the video to learn about the process.
Rapid Antigen Test at homeBy CII| 394 views
Post-COVID Care
Post-COVID care is as important as COVID care. Here's how to do it-
Post-COVID CareBy CII| 424 views
India-US Growth Agenda
Under the new U.S. administration, the economic relationship with India can be expected to be on the radar as India has enjoyed bipartisan support in the U.S. A closer economic partnership would bring gains to both sides in terms of GDP, employment, and productivity, given the complementary natures of their economies. CII has outlined key areas for collaboration.
India-US Growth AgendaBy CII| 463 views
Medical Oxygen Plant
Medical Oxygen Plant uses Pressure Swing Adsorption (PSA) technique and
Molecular Sieve (Zeolite) technology for continuously separating oxygen from other gases in the atmosphere.
Medical Oxygen PlantBy CII| 224 views
मास्क और सामाजिक दूरी: COVID-19 के खिलाफ ढाल
'मास्क' और 'सामाजिक दूरी' आपको और आपके प्रियजनों को COVID-19 से सुरक्षित रखने में महत्वपूर्ण हैं। विभिन्न परिदृश्यों में संक्रमण के खतरे को जानें।
# SMS4Safety = सैनीटाईजेशन , मास्क, सामाजिक दूरी
मास्क और सामाजिक दूरी: COVID-19 के खिलाफ ढालBy CII| 139 views
Mask and Social distance: Shield against COVID-19
'Masks' & 'Social Distance' are key in keeping you & your loved ones safe from COVID-19. Checkout the risk of contagion in various scenarios.
#SMS4Safety= Sanitization, Mask, Social Distancing
Mask and Social distance: Shield against COVID-19By CII| 174 views
Vaccination History
The history of vaccination goes long back. Watch the video to learn more.
Vaccination HistoryBy CII| 156 views
CII Movement on Low Cost Automation
Low-Cost Automation (LCA) is the absolute foundation for moving towards automation wherein, the company implements some level of automation with limited resources and with the ROI being achieved within 2 years. This is the phase where a company starts getting used to automation concepts, implementing, and maintaining them, and starts deriving and cherishing the benefits through cost reduction and consistency improvement.
It is the foundation that builds confidence in the company to move on the path of automation.
CII Movement on Low Cost AutomationBy CII| 116 views
Indian Gaming Industry
India, with the world’s largest youth population, is poised to become the world’s leading gaming destination. Estimated at USD 930 million with a compound annual growth rate of 22 per cent, it is the world’s second-largest online market with more than 560 million internet users.
The rise in smartphone/tablet usage, disposable income, and the introduction of new gaming genres have provided a boost to India’s gaming sector. Such is the prominence of smartphones that mobile gaming (71 per cent) dominates the sector. The COVID-19 pandemic has also led to rise in online/mobile gaming activities. The lockdown period saw an increase of 21 per cent in time spent on gaming apps with the consumer base crossing 300 million.
Indian Gaming IndustryBy CII| 163 views
#LargestVaccineDrive
Become a part of the #largestvaccinedrive. Follow SMS:
S- Sanitization & Hand Washing
M- Mask Use
S- Social Distancing
Unite to defeat COVID-19.
CII 5-point critical agenda for control of the rampant spread of COVID-19
1. On no account should any type of meeting or gathering comprising more than 10 people be permitted for any purpose.
2. Two, all safety, hygiene and health protocols must be followed stringently by all with strict enforcement measures in place.
3. Factories and shopfloors must be kept open for economic reasons so that production and supply chains are not disturbed. ‘Work from home’ must be prescribed or followed wherever possible. In offices where this is not possible, it needs to be ensured that only one-third attendance of employees is permitted.
4. All public transport including metros, trains and buses must run at one-third seating capacity.
5. Vaccination should be opened up to all age groups and made available for longer time periods at vaccination centers.
#LargestVaccineDriveBy CII| 317 views
Largest Vaccine Drive
Become a part of the #largestvaccinedrive. Follow SMS:
S- Sanitization & Hand Washing
M- Mask Use
S- Social Distancing
Unite to defeat COVID-19.
Largest Vaccine DriveBy CII| 205 views
Business & Disaster Management
Businesses play a vital role in disaster management. Relief, rehabilitation & reconstruction by companies can help communities recover after disasters.
During the Uttarakhand floods in 2013, CII Foundation provided tents, water purifiers, and other materials and also helped rebuild schools in affected districts. 60 relief camps were set up for immediate relief to flood-affected families in Kerala in 2018, with 3 primary health centres upgraded for future use. Businesses came together with CII Foundation during the Covid-19 pandemic to provide medical supplies and ration kits, and raise awareness.
Business & Disaster ManagementBy CII| 143 views
Powering the Indian Manufacturing Sector
With the objectives of making Indian manufacturers globally competitive and making India an integral part of the global supply chain, the Government introduced the Production Linked Incentive (PLI) scheme to boost domestic manufacturing in India, in the three sectors of large-scale electronics manufacturing, medical devices, and pharmaceuticals to begin with.
The idea for this incentive plan is to partly account for some additional costs that Indian producers face due to gaps in infrastructure, power, and logistics. By targeting additional manufacturing capacity and turnover, it also encourages greater investment for addressing export markets with higher competitiveness. The scheme is set to be in force for 5 years, bringing manufacturing to US$ 520 billion in these sectors.
Powering the Indian Manufacturing SectorBy CII| 108 views
The New World of 5G
5th generation mobile network or 5G has lately been the star of the telecom industry. The much-talked-about new generation wireless standard is designed to be integrative, connecting devices and machines all around us.
As 4G Long-Term Evolution (LTE) reaches its maturity, a need for more efficient and connected network was felt. So how is 5G different and what does it offer? Watch the video to learn more.
The New World of 5GBy CII| 106 views
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CII Celebrates India@75 - India's IT Journey@75
#DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
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