Only 7 percent of India's workforce is in formal sector. Which translates to 35 million people out of 470 million. It is only these 35 million that pay income tax in any predictable way. Out of these 35 million 21 million are in Government, the rest 14 million are in private "organized" sector. Out of these 14 million only approx 1.5 million are in IT and ITES sector, which is 0.25 percent of India's labour pool!
However, it is these 0.25 percent of India's labour pool that has captured the popular imagination of westerners. India in the minds of westerners has suddenly jumped states, from a land of snake charmers to a land of software developers, who speak flawless english, and are smart!
However India is too big and too diverse to fit into one definitive definition. There are hundreds of Indias. Some defined by economic status and some by religion, some by caste and some by geography! What India do you belong to?
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