Millennials' Perceptions and Contributions to Economic Development in India: A Quantitative Inquiry

Ahmed Mohsen Ahmed Khormi

Millennials' Perceptions and Contributions to Economic Development in India: A Quantitative Inquiry

Keywords : Millennials, Economic Development, Economic Progress, Economic Growth


Abstract

This research aimed to examine the philosophical constructs of Indian economic growth from an economic perspective and various generations, such as millennials' perspectives. The research solicited helpful feedback after reaching a total number of 250 respondents. After the screening process had been completed, 207 people were selected to take part in the research. A cross-sectional study was conducted among millennials of Uttar Pradesh, India. It was done to gather information. This research used a quantitative methodology and was thus conducted using a survey format. The research focused on two key questions: How vital are Millennials in generating economic growth, and what expected contributions could they bring to economic success? Both of these issues were the focus of the investigation. They were both examined in the study to support this assessment. New research results now shed light on what millennials think and feel about their contribution to India's economic makeover. It identifies the markets where Millennials can already be disruptive and overcome and how that drives national economic growth. The curious thing is that this is an extra point of curiosity. This study advances the current knowledge of generational dynamics and economic growth by adding a new element to the existing literature. It also provides guidelines to politicians, entrepreneurs, and other actors on how to capitalize on the opportunities presented by the Millennials to achieve an extended period of economic growth in India. Millennials are experiencing an economic boom.

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