Nearly one in ten Indians is over 60 years old, a fact often lost amid the economic bombast of India’s ‘demographic dividend’.
Somehow commonly-held views about the benefits of a college degree remain in vogue in India even though reports have drawn attention to the low levels of employability of college graduates.
A year after Narendra Modi’s Skill India initiative was introduced, the country remains far from capitalising on its demographic dividend.
The dismal state of India’s higher education sector can be explained both as a failing of top-down initiatives and near-absence of bottom-up pressures.
A new report shows that a considerable portion of India’s populated aged in the last sixty years, and experts are saying that the government must find ways of gainfully engaging senior citizens in the economy.
It makes little sense today to play catch-up with a Chinese model that may have worked well in its own time and place, but one which the next wave of the digital technology looks set to steam-roll into oblivion.