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Clearly, the number is huge. So, its fall-out is also bound to be in some considerable proportion. But what is crucial for India is the age-group of these teeming millions and billions. A large number of this population belongs to the 21-35 years age group: all potential drivers of the Indian economy in the form of human dividend. The large number of graduates from various institutions, especially the technical and vocational qualification holders, is ready to participate in the industrialisation of a country that has been mostly dominated by agrarian activities in the past. Agreed that the quality of these graduates varies—but, therein lies the advantage. Who wants all IITians? Why should every graduate be as competent as his contemporary from another college? It is with this variation in skills that this burgeoning strength can be safely and adequately be fitted into the different cogs of the Indian economic wheel. As opposed to other nations which are grappling with an ageing population, India stands the chance to seize the markets. Not only are there enough people to produce the required goods and services, but also the required masses of consumers of the same. An economy that can sustain on its own based on the simple demand-supply rule. However, the impetus for such rapid progress is to be established through appropriate government policies. The IT revolution is here for all to see. Originating as indigenous software developing firms, Indian software companies and software professionals are now stamping their authority on a global scale. The same can be replicated across more sectors, especially those relating to services. Wherever greater human communication and intervention is involved, having a pool of qualified people automatically benefits the organisation. Besides meeting the needs of the firm, the individuals must demonstrate innovation and creativity in their performance. Healthy competition thus born is crucial to maintenance of standards in delivery of quality services and products. Earlier decades have seen our nation live out a truly agrarian lifestyle. This was possible in the pre-globalisation era. But the opening of markets to foreign goods and trade, Indians have expanded their base as consumers. As a result, it is imperative that we expand our base in terms of production too. And to meet such needs, a ready pool of the most crucial resource—humans, will go a long way.

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