A glance at Indian history reveals that India was not only a knowledge society but also an industrial society. Our intellectuals and researchers were called rishis. India was a rich and prosperous country, no wonder, we have had plenty of invasions between 300 BC and 1600 AD.
It is an accepted fact that India's share in the world GDP was 25%. It establishes that India had both knowledge and skill to manufacture products of outstanding quality. From 1700 AD, it deteriorated gradually till independence. After independence, India's contribution to World GDP has steadily increased from 1.3% to 3.28%. The US and China contribute 24 and 15% respectively.
Today, people are talking about India becoming a super power within the next decade. They focus on demographic dividend. India has a young population. China and the US have ageing population. Japan has negative population growth. Current Indian population is near 140 crores and is growing at 1% every year. The Centre for Monitoring the Economy claims that only 50% of the eligible work force between the ages 18 to 60 is finding work. It means, 35 crore people are underemployed or unemployed. To this pool of unemployed/unemployable people, India will need to find work for 1.4 crores people joining the pool each year, additionally.
It will be impossible for the government or the industry to create that many jobs at the current level of economic activity.
At the start of your education, if you are aware of the reality in the job market, you could approach your education from that perspective. A good mechanic can repair a car/ motorcycle, but cannot design and build one. Your orientation should be such that you concentrate on theory and develop applications for those concepts.
If India were to capitalise on demographic dividend, students need to acquire knowledge and also skill to put the knowledge to proper use. This will be possible only when students yearn to become self employed rather than seek employment.
Student community should focus on problems of society and relentlessly pursue to find optimal solutions. If this is done for the next decade we will be able to reduce the gap between India and the 2 leading world economies.
About the Author
Hanumantha Rao K.
B.E (A.U), LLB,
Ex---Capt Indian army.
Note:Opinions expressed by authors are their own.
Pics Source:Pixabay
The Connection Between a Mother’s Kiss and a Newborn: Emotion, Science, and Sanatana DharmaDear Friends,Recently, a social media influencer shared a heartwarming video that captivated
Crafting Your Teacher Identity: Defining Your Educational Philosophy"Teaching is not a profession; it's a passion. Without passion for your subject and for your students, you will never be
The Cost of Wasted Time: A Reflection on Networking, Focus, and ProductivityDear Friends,Recently, I came across a post on X by Naval Ravikant that said, “Networking is overrated. Go do something
The Steam Engine: A Catalyst of Progress and TransformationThe steam engine is more than just a machine; it’s a symbol of human ingenuity and innovation that forever changed the course of history.
Top-20 EAPCET colleges for ELECTRICAL AND ELECTRONICS ENGINEERING in KUPPAM basis EAPCET 2023 cut-off ranks. Cut-off ranks are for OC-Male category from 2022, and 2023 data.
What is an EV?Electrical vehicle is a vehicle where one or more electrical motors are used for propulsion. These motors will be powered by batteries (for electric cars, two wheelers, etc.) or collector
Top-20 EAPCET colleges for ARTIFICIAL INTELLIGENCE AND DATA SCIENCE in MYLAVARAM basis EAPCET 2023 cut-off ranks. Cut-off ranks are for OC-Male category from 2022, and 2023 data.
Top-20 EAPCET colleges for MINING ENGINEERING basis EAPCET 2023 cut-off ranks. Cut-off ranks are for OC-Male category from 2022, and 2023 data. You can checks cut-offs
Top-20 EAPCET colleges for COMPUTER SCIENCE AND INFORMATION TECHNOLOGY basis EAPCET 2023 cut-off ranks. Cut-off ranks are for OC-Male category from 2022, and 2023 data.
Top-20 EAPCET colleges for PHARMACY(MPC STREAM) in GURAZALA basis EAPCET 2023 cut-off ranks. Cut-off ranks are for OC-Male category from 2022, and 2023 data. You
Top-20 EAPCET colleges for COMP. SCI. AND ENGG. (ARTIFICIAL INTELLIGENCE ) in KANIGIRI basis EAPCET 2023 cut-off ranks. Cut-off ranks are for OC-Male category from 2022, and
In any society, a certain set of rules has to exist for citizens to abide by. Laws are made by experienced jurists to ensure peace and harmony in the society. In the absence of these laws, people are bound