pyq/2017/csat/6

Passage-6

By 2020, when the global economy is expected to run short of 56 million young people, India, with its youth surplus of 47 million, could fill the gap. It is in this context that labour reforms are often cited as the way to unlock double-digit growth in India. In 2014, India’s labour force was estimated to be about 40 percent of the population, but 93 percent of this force was in the unorganized sector. Over the last decade, the compound annual growth rate (CAGR) of employment has slowed to 0.5 percent, with about 14 million jobs created during the last year when the labour force increased by about 15 million.

Which of the following is the most rational inference from the above passage?

(A) India must control its population growth so as to reduce its unemployment rate.

(B) Labour reforms are required in India to make optimum use of its vast labour force productively.

(C) India is poised to achieve the double-digit growth very soon.

(D) India is capable of supplying the skilled young people to other countries.