How Education affects economy and future of youth

India in the recent years has secured the status of the fourth – largest economy of the world. With 1.3 billion people India’s recent growth and development has been one of the most significant achievements of our times.

Education

Education has played a robust role in the growth of our economy. Life expectancy has grown more than double, literacy rates have seen almost a 5 times growth, health conditions have improved, and a sizable middle class has emerged. India is now a home for globally recognized companies in the field of pharmaceuticals and information and space technologies, we are also on the top charts of steel and manufacturing industries, having a huge workforce that is skilled as well as trained increases the demand of Indian human resources across the globe even in case of outsourced labor. There is a huge potential to be still explored.

The high literacy rates in a few states have not only set an example to the backward and developing states but also have bagged a good amount of foreign job contributing to the GDP of the nation.

The seven decades of independence has witnessed the country’s growth in the fields of agriculture and research earlier India was dependent chronically on grain imports, fruit import and also medicinal imports, but now we stand out across the globe not just as an indigenous producer but also as a remarkable exporter.

Close to two decades back, we were dependent upon foreign researchers in the field of Microbiology and Hybrid edible products, but with the coming of advanced science and technology we not only have indigenous workforce but our researchers are doing extremely well on the foreign lands.

How can youth contribute to the economic growth?

Youth can explore new career dimensions by choosing from the vast combinations of studies available across the globe. The conventional studies can be utilized in a better way if more options and combinations for higher education can be developed.

Youth can be the guiding force for the generation next by setting examples by way of excelling the fields they chose. Indian youth have always managed to utilize the least available resources to optimum making the whole nation proud.

Youth should transform their abilities and potential in a way that should bring about positive changes. Rather than being rude and revengeful.

A big no- no to reservation in any form is the need of the hour, the selection and job appointment should be strictly on a meritorious basis and no favor-ism should be entertained. The only way to overcome this age-old societal evil is through a voluntary effort of the educated youth.

Role of the family and guardians :

A huge part of Indian families still abide by the conservative norms mostly leading into suppression of the youngsters and often leading to misunderstanding and rebel. It is the time that more emphasis should be given to practicality than enforced conservative values and rigidity in set rules.

The parents should treat the children as individuals and give them a chance to choose the field of their choice to further augment their professional skills. It has been observed that the upbringing in a free atmosphere has seen better results in personality development than the suppressed up-brought individuals.

There should be healthy discussion between children and guardians rather than a heated up arguments and a stubborn decision. And a help sought from professionals where there are differences but career options should never be forced. Not all human are same. Every individual has his own preference and capability.

It is the role of family to inculcate the idea of equality of gender and race. It should not only be preached but also be practiced. The families need to accept the daughter in laws equally as their own daughters. The social evils such as dowry and domestic violence should be checked individually and no one but the individuals themselves can only bring about this change.

The role of Government in strengthening the education system:

  1. The policies set by the government with regards to the education system needs a huge restructuring.
  2. Motivation and flexibility is the need of the hour. Scholarships, vocational training, availability of more choice based combinations and options should be made available so that the youth can choose in accordance to his preference and liking where he can individually outperform.
  3. The reservation should be eliminated. A financial support to the willing should be extended rather.
  4. Government should make the education reasonable and fees should be cut down the private institutions.
  5. The government run schools should be improved and equipped with better resources and facilities.
  6. Admissions to government run organizations should be made easier and flexible so that very few people turn to private sector. There by enabling growth in revenues and equality amongst the various financial sections.

The recent years have witnessed historic changes, unleashing a host of new opportunities to build a 21st-century nation. India will soon have the largest and youngest workforce in the world. At the same time, the country has witnessed a massive wave of urbanization as millions of people move to towns and cities from the rural areas each year in search of jobs and opportunity. It is probably the largest rural-urban migration of this century.

Private sectors should be more focused on manufacturing and industrial growth there by investing the amounts in creating better job opportunities and business propositions. Housing and medical facilities should be improved working hands-on with the government. Infrastructure and basic amenities should be focused upon. A nation’s financial well being depends upon the financial well being of its individuals.

In the recent times education and awareness has not only led to personal growth of individuals and emergence of a sizable middle class but has also earned a respect globally. We are no more underdeveloped or the third world country but we are most sought Samaritans in case of global crisis and instability. Also we have succeeded in space technology and research and have helped the technological giants in various ways. A lot has been done and achieved and a lot is yet to be achieved.

Poverty, illiteracy, unemployment and inequality still need an immense attention. The youth has a crucial role to play in the coming years. It’s time to empower the women and youth, to educate the disadvantaged and work towards the growth of financially weaker sections by way of indigenous and superfluous resources they need to be brought to the mainstream and education and awareness is the only ray of hope.

Image Courtesy : https://blogs.worldbank.org/education/files/education/step3.jpg

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1 COMMENT

  1. Education is a key to unlock the majors of this country. Needless to say, it has a direct impact on the Indian economy. An educated set of the individuals will be effective to generate the ideas strong enough to curb the national problems. Such ideas will ultimately generate the job opportunities and hence improve the economy. At the same time, it will be creating an environment which will enable the next set of people to work with more enthusiasm.

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