Demographic dividend or disaster?

India’s demographic trends could lead to a dividend of higher growth, as the working age population bulges. Two things have to happen for this dividend to be realised. If they don’t, the possible alternative is demographic disaster, and social unrest. First, India has to create more jobs across the board. In a previous column (Entrepreneurship and jobs, FE, November 28, 2011, http://goo.gl/ PYEdk), I discussed this side of the equation. Second, India has to give its people skills to work at jobs productively.

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