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| India ranks 127 on UN human development index | | Yet it will have surplus working force by 2020 | | SPECIAL CORRESPONDENT
NEW DELHI, AUG. 10: Come 2020, four powerful nations, the United States, Russia, China and Japan, will together face a shortfall of 42 million people of working age. And India, as estimated by a report of investment bank Goldman Sachs, will have a surplus of 47 million people of working age.
India's advantage: About 60 per cent of its current population is aged below 25. In fact, according to India's scientist-President, one single factor that could place India in the category of the developed nations is its rich resource of 540 million youth. What remains to be seen is that after having been ranked 127 on the United Nations human developmewnt index which measures life espectancy, can the growing population of young people in the country take advantage of the richer nations' needs for workers within two decades?
According to demographic projections, a large section of the youth resource is expected to come from some of India’s most backward regions with the lowest levels of literacy and highest of poverty. A study by the Vienna Institute of Demography concluded on the basis of the experience of the past decade that 30 per cent of Bihar and 20 per cent of Uttar Pradesh would remain illiterate in 2026.
Bihar and Uttar Pradesh are among the five States with lowest development indicators that, according to demographic projections, will account for nearly 60 per cent of the increase in population by 2026.
Huge sums of money will be required to bring the youth of these states into the loop in providing basic amenities like drinking water, sanitation, healthcare and primary education. But according to experts, there is no shortage of resources or capacity. The root cause of slow progress is the lack of political will. |
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