India can create jobs in the scale required on a sustained basis only with changes in its policy frameworks for education and workforce management. If India’s working-age population, its so-called demographic dividend, is productively employed, India’s economic growth prospects will brighten. Its working-age population (15-59 years) is likely to swell from 749 million to 962 million over 2010 to 2030. India is also set to become the largest contributor to the global workforce. With its population forecast to rise from 1.2 billion in 2010 to almost 1.5 billion in the next twenty years, India will become the world’s most populous country by 2030. Skilling India The Billion People Challenge A report by CRISIL Centre for Economic ResearchĬRISIL, Skilling India: The Billion People Challenge, November 2010
