Impediments of India’s Demographic Dividend
Impediments of India’s Demographic Dividend
The recent Brookings report focused on the issue of industrial concentration. The other side of the coin has problems like poor child education, a high skill gap amongst youth, and weakened female labor force participation which were ignored. But these issues prevent India from embracing the China-Plus-One strategy. The formal sector has less skilled labor and the upgradation of skills is immensely needed. Moreover, low-skilled labor is retained in the agriculture sector due to poor education. The covid pandemic also harmed female labor participation. One solution is to transform the agriculture sector into high earning sector. This can be done by allowing foreign players and lowering the entry rate of labor. In addition, the education gap which was induced during covid can be tackled by organizing summer boot camps. Thirdly, to ensure the participation and retention of women's workforce, companies can fund NGOs that support girl education. Also, they can facilitate maternity leaves for spouses and provide childcare facilities in their companies. By addressing these problems and coming out with optimal solutions, India can utilize its demographic dividend to its fullest.
Livemint :20/04/2023
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