How can we use the abundant labour in india economics?
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india has sevent largest economic in the world.
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Explanation:
India is a very large labour-abundant economy with a rapidly growing workforce and its manufacturing sector might be expected to be the primary driver of its economic growth. In fact, the manufacturing sector has contributed little to income growth and its share in total merchandise exports has been declining, as recent OECD analysis points out. Manufacturing has not brought much new employment, and most of the recent rise in manufacturing employment has been in the informal sector.
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