The most recent numbers break down the student populace as 53.6 percent white (including a sizable Arabic population), 29% black, 12% Latino and 4.7% Asian.
There is a huge qualitative difference between an economy built on natural resource extraction, where the populace is a cost center, and an economy built on productive labor by the population, where increasing capabilities of the society leads to more wealth.
With the population in India increasingly migrant in nature, this payment infrastructure will enable a large populace to participate in the financial sector, opening new opportunities for growth.