It will take long for Indian economy to come close to China: Avinash Dixit

"For improving outcome in India, you could allow states to test which law, rules work and which do not and then choose."

Avinash Dixit, professor emeritus, Princeton University, believes that it will take decades for India to catch up with China even as the former has better population profile in terms of age than the latter. 

“By 2050, India’s working age population will be bigger and old age population lower than China,” said the professor, while delivering India Policy Forum Lecture. 

He said India’s population distribution is more favourable than China in terms of age. 

“However, demographic dividend in India is handicapped,” Dixit said. 

One of the main reason behind the handicap is the low female labour particapation ratio. While it stands at 27 per cent