Cutting the Gordian Knot

Book excerpt: Cutting the Gordian Knot discusses India's quest for prosperity through job creation. The underlying pieces of this quest are complex and intertwined-an education system that has outlived its shelf life with misplaced aspiration for white-collared jobs. India got educated before it got skilled. Skilling along with micro-entrepreneurship needs to be rejuvenated. Rapid developments in technology are changing the nature of jobs and employment itself. We are living in truly interesting times. The country's youth bulge makes it one of the youngest nations in the world. A youthful demographic profile is necessary but not a sufficient condition for economic growth. It needs to be harnessed well. Some miscalculations and wrong moves could very easily transform a demographic dividend to a recipe for mass discontent. The country has a long way to go, and global disruptions due to rapidly changing technologies are creating hazards on the way. New ways will have to be found, and dominant narratives will have to be challenged. The book presents these views, data and insights with an intent to spark dialogue, awareness and, eventually, change.