I always hear these things everywhere. Mostly from outside sources like The Economist etc. They talk about demography, they talk about GDP, they talk about such similar things.
All being said, still 70% of India’s population live in villages. All of these “happenings” are not inclusive of them – all they have are typical labor skills and agricultural skills. And I dont think China’s growth is not inclusive of such majority of its population.
Unless the growth of the country is inclusive of this 70% of population, I am afraid, we are going to make the disparity between poor and rich large in this country.