The problem of skilling India
India’s employment crisis calls for more government expenditure in education, adequate training.
Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if the youth is trained properly. Without proper training, instead of benefits, the country gets massive joblessness — at least, this is what common sense suggests. Reality is more complicated.
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