higher education
Prof Prem Vrat¸ Professor of Eminence¸ Management Development Institute, Gurgaon; also the FounderDirector of IIT Roorkee & former Vice Chancellor, U P Technical University, talks to Sheena Joseph about his vision for higher education in India.
Indian Youth Poised to Stir Global Market India’s demographic advantage has long been talked about, with 24 being the average age of India today. Can you elaborate on what will be the future scope for India in this regard? The mammoth youth population of India can be seen as a demographic dividend - provided we make good use of this opportunity. In the context of the aging population of the developed
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countries, where majority of the wok is mechanised, we can foresee a future where there will be a tremendous requirement of trained youth population in these developed countries. Manpower crunch will be crucial in the coming years and every country is gearing up to meet this requirement. We can cash on this opportunity by making available trained youth population from India. In this context, the Indian youth can make
their presence felt even in western countries. I call this the demographic dividend potential. If we convert our youth population into a skilled workforce, we can meet the workforce requirements all over the world. The large number of youth population will then be globally empowered and be gainfully employed. The demographic dividend would otherwise become a demographic liability.