IDEAS home Printed from https://ideas.repec.org/p/ess/wpaper/id12747.html
   My bibliography  Save this paper

The Future of the Indian Workforce: A New Approach for the New Economy

Author

Listed:
  • Samir SARAN
  • VIVAN SHARAN

Abstract

India is at a crossroads. It has the largest young workforce anywhere in the world, and is the fastest growing economy today. At the same time, the economy is not creating enough jobs, and therefore not fully harnessing its “demographic dividend†in preparation for the “Fourth Industrial Revolution†. To create more and better jobs , cert ain f u n d a m e n t a l r e a l i t i e s n e e d t o b e r e c o g n i s e d — t h e u n t a p p e d oppo rtun itie s in the serv ices sect or, the impe rati ves of poli cy and regu lato ry stab ilit y, and the welf are need s of a new work forc e. Afte r brie fly anal ysin g the supp ly-s ide cont ext (the char acte rist ics of the so- call ed “dem ogra phic divi dend †), this pape r outl ines a basi c stra tegi c road map for the dema nd side with a focu s on cons titu ents of the new econ omy (the indu stri es that will have to gene rate new empl oyme nt). It concludes with recommendations that can help bridge supply-side gaps, and demand-side imperatives.

Suggested Citation

  • Samir SARAN & VIVAN SHARAN, 2018. "The Future of the Indian Workforce: A New Approach for the New Economy," Working Papers id:12747, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:12747
    Note: Institutional Papers
    as

    Download full text from publisher

    File URL: http://www.esocialsciences.org/Articles/show_Article.aspx?acat=InstitutionalPapers&aid=12747
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:12747. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Padma Prakash (email available below). General contact details of provider: http://www.esocialsciences.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.