Where China is expected to come down with a growth rate of 9% in 2012 and 8% by 2015, India's economic growth will be persistent with an expected rise in the rate of growth to 9-9.5 % within 2013-2015 due to the restructurings and globalization.

This was found out in report by Morgan Stanley which also reveals that with economic prosperity, the birth rate and mortality rate decrease and increase simultaneously thus elevating the working population and diminishing the non-working population which includes children and old people.

This factor boosts the rate of savings of the country on one hand as people are able to save more and on the other hand it also gives a hike to the number of people capable of supporting the country's economic prosperity.

GDP would be increased with just an increase in the number of workers without any rise in per capita income but with the boost in the productivity of each worker, the GDP would be accelerated at an even faster rate and this would be the result of reforms brought about globalization which ensures greater job opportunities, more savings etc.