Angelos Delivorias, a policy expert at European Parliamentary Research (EPRS), has predicted that India's GDP growth rate would continue to be better than that of China for the next few years.
He made the remarks in an interview by EPRS on the rise of 'India, why it matters, and what this means for the EU.' EPRS provides comprehensive research and analytical support to the Members of the European Parliament.
"India has surpassed the growth rate of China, and experts think that it will continue doing so, at least in the short term," Delivorias was quoted by ANI as saying.
Delivorias highlighted that India's growth would be fuelled by its comparatively younger population as compared to that of China.
"From the economic perspective, the fact that India is the largest population on the planet, but also its population is younger, if we see the demographic pyramid of India, we see that it's younger than China's, implies that it has more people in the labour market and it has less expenditures in the health sectors or for pensions, which means it can keep growing its GDP in the next few years," he added.
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