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Authors
Affiliations
1 Department of Agriculture Economics, Agriculture University, Jodhpur (Rajasthan), IN
2 Agri-Business Division, NAARM, Hyderabad (Telangana), IN
3 Agriculture University, Jodhpur (Rajasthan), IN
Source
Rashtriya Krishi (English), Vol 12, No 2 (2017), Pagination: 30-33
Abstract
Indian economy is at the tipping point and youth of the country will determine the direction the economy takes. India enjoys a demographic dividend where more than 50 per cent of its population comes under working age group of 15 to 59 years which offers an economic opportunity to be utilized for fast tracking India’s economic growth and development. According to Census Survey of India (conducted in 2011) the current proportion of population under 25 years of age is 51 per cent and proportion under 35 years is 66 per cent. In India youth constitute 27.5 per cent of the population who are aged between 15 years to 29 years which contribute 34 per cent in India’s Gross National Income (National Youth Policy, 2014). Comparatively China’s current economic boom is said to be the direct consequence of the large proportion of youth in its population. With proper education, job openings and health care, our youth are sure to tip the economy in the right direction. Despite of demographic dividend and increased literacy among youth, unemployment is the biggest challenge the country’s youth is facing mainly because of lack of any form of social security system as well as proper and adequate avenues for vocational training.
