China's E-Commerce Boom a Lesson for Creating Jobs in India

Online shopping could provide 12 million net new jobs by 2025.
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While India is still a cash-based economy, a push to give poor people access to banking has resulted in 220 million new accounts in the past two years. A rising young population is embracing new technologies, and mobile wallets are on the rise.

Photographer: Sanjay Kanojia/AFP via Getty Images

India needs to add about 80 million jobs by 2025 to ensure enough jobs for its bulging youth population, so its demographic dividend doesn't become a liability.

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