All the facts and figures
presented in the article, “By the shape
of the job crisis “, by Santhosh Mehrotra
( 13. 2. 19) In ThE Hindu very clearly
conveys that, very soon our demographic dividend which
happens rarely in the history of a nation may turn into a curse if timely measures are
not taken to prevent it’s wastage. We
have observed that, China has reaped the benefit of demographic dividend through integrating industrial strategy
with education and skill development policy as the author has stated .
But, we have not only failed to do so which is the correct strategy to
follow , but has committed certain other blunders. Our investment in human capital formation is highly
inadequate compared to several other emerging economies . Moreover, we have failed to draw the skilled
women workers into the job market through the needed incentives and we
have missed the great chance to mobilise
the huge potential savings of the young skilled workers whose working life span is longer
by keeping them unemployed for a longer time.
Demographic dividend may soon turn into a liability for India if, the young and productive human
resource is kept unused and under utilised for a long
time . This situation will create drastic social , economic and political
consequences if, corrective measures
are not taken immediately.
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