Without better education, health and skills , India won’t be able to build a middle class and its efforts to become the next China can’t succeed.India is already failing its young people. India’s relatively small manufacturing sector has suffered especially badly; one industry body, the All India Manufacturers’ Association, has claimed that the rate of job losses is much higher. On the one hand, when Prime Minister Narendra Modi swept to power in 2014, he promised to revive India’s struggling manufacturing sector and even launched a high-profile “Make in India” campaign. Others, who question the future of manufacturing as automation erodes the traditional advantages of lower-wage countries, have also embraced this possibility.Yet there remains one giant problem: Indians’ skills don’t match up. Entrepreneurs and small companies aren’t confident enough to file their taxes themselves and are having to hire people with those skills.
Source: Economic Times November 15, 2017 03:06 UTC