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India seen emerging as winner from Asia's shrinking labour force

It will account for 18.8% of global work force by 2050, toppling China from top spot
Tuesday, November 10, 2015 - 05:50
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MR RAJAN: India suffers from a skills shortage and the central bank governor has called the nation's human capital his main medium-term concern.

Mumbai

ASIA's work force is set to shrink over coming decades with India overtaking economic rival China as the region's biggest source of workers.

By 2050, the Asia-Pacific region will have nearly 50 per cent of the world's total work force, down from 62 per cent today, according