EDUCATION FOR ECONOMIC EMPOWERMENT: HOW INDIA CAN ACHIEVE A $1 TRILLION ECONOMY

India stands at a pivotal juncture in its economic journey. With the ambition of becoming a $1 trillion economy, the nation must strategically leverage its demographic dividend and align its education system with market demands to create a workforce ready to excel in a dynamic global economy.

- PROF P.G. BABU

The solution lies in empowering India's youth through future-ready skills, addressing the necessary gaps, and seizing global trade opportunities.

As a country with the largest youth population, India's demographic dividend can turn into a demographic challenge if education and employment opportunities fail to meet the aspirations of the workforce.

Graduate unemployment is rising despite increasing labor force participation among graduates, especially in states like Karnataka and Tamil Nadu, known for their robust higher education systems.

The post-pandemic period has seen an increase in unemployment gap between graduates and the general population, highlighting issues of skill mismatches and limited job creation in high-growth sectors.

India's higher education faces two significant challenges: declining postgraduate enrollments and increasing outmigration for better opportunities.

Economic distress and subpar quality of advanced academic programs deter students from pursuing higher education, compounding the issue of skill mismatches.