In 2020, India’s population will be the youngest in the world with an average age of 29. With 270 million children already enrolled in school, India also has the largest school system in the world. This indicates that soon, we as a nation are going to have one of the youngest workforces and will be poised to reap the benefits of this demographic dividend.
However, research by the World Economic Forum shows that 65 percent of the children entering primary school will find themselves in jobs that do not exist today. To truly harvest the benefits of a young workforce in the future, it is important that we invest in human capital to create a productive workforce. Leveraging our existing school systems and using active, accessible and effective learning for all can play an instrumental role in transforming the next generation into a high-quality workforce.
Here the good news is that emerging markets most often provide the perfect backdrop for dramatic disruption in any space. The world has already seen this with digital payments— the massive success of payments through digital apps in Asia has become something of a modern folklore.
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