ONCE again a moral appeal to the young people of India came from the doyen of IT industry that they should be diligent and be ready to work longer hours up to 70 hours a week. Currently the youth that is the age group of 15-29 constitutes 28 per cent of India’s population which is going to come down to about 23 per cent in 2036. Hence we are passing through a phase of potential demographic dividend.

THE quick estimates of index of industrial production (IIP) released on August 11, 2023 by the National Statistical Office provides the estimates for June 2023 with base year 2011-12. These quick estimates undergo revisions by the NSO in subsequent releases. But the decline in manufacturing and industrial growth reflected in the movements of IIP estimates also corroborates the trends of First Advance Estimates (FAE) of GDP figures in respective sectors.