NOIDA (UP): Noting that China has got the major portion of rare earths deposits in the world while India is scanted, National Security Advisor Ajit Doval Saturday said the country could counter that by converting its demographic dividend — young population — into an asset.
Speaking at an event here, he said India envisions to be a major power and needs to utilise its “rare human wealth” (130 crore population with 50 per cent of the population below 25 years of age as other major powers, including China, are ageing.
He was addressing students at a convocation event of Amity University here.
Doval and former Group General Manager and Country Head of HSBC India Naina Lal Kidwai were conferred with honorary doctorate degrees in philosophy by the varsity.
“These days we are wondering what is going to happen to the world that it comes in the change of technology, weapons, industry, business and we find that the one thing which is going to make the most difference is what you call as the ‘rare earth’ which includes radioactive materials, uranium and other high potential materials,” he said, pointing out that China has got the major portion of the rare earths deposits while India is scanted. (AGENCIES)
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