It’s no secret that India is bursting at the seams with people. What's more, a staggering two-thirds of our population are under the age of 35, according to the Financial Times.
This means that India has the world’s largest youth population — something that is both a blessing and a curse for the nation. Blessing, because we have a young and able workforce to take our growing economy to the next level. Curse, because there needs to be jobs available to occupy in the first place.
India stresses the need for education and training, but can't seem to close the gap in skilled manpower positions. More than 93% of our workforce is still unorganised, and barely 4% of those people have undergone formal training. The effects are not industry-specific either. Indian parents' favourite career option - engineering - sees more than 7 lakh graduates every year, but only 7% of them are actually fit for jobs.
With the advent of 'Skill India' mission, the government has made a push to teach skills to the youth in such a way that they are more employable and also more enterprising. An exemplification of this is Lend-A-Hand India (LAHI), who in partnership with various state governments, works at the intersection of education and livelihood to create employment and entrepreneurship opportunities for the rural youth.
Perhaps with initiatives like these, India can harness its population and emerge as the superpower we all know we can be.