Demographic Dividend and Skill Development Initiative of Government of Assam

Abstract

It is expected that India’s working-age population to the total population will reach its highest level at 68.9% by 2030. India will enjoy this demographic dividend till 2055 where median age of people will be 28.4 years. India is projected to contribute 24.3% of the additional worldwide workforce in the next ten years. Along with the country Assam is also going to enjoy the benefits of demographic dividend as 38% of its population will fall under the age group of 15-34 years by 2026. But besides this demographic dividend, the state has been facing severe un-employability challenges amongst the young graduates due to lack of employability skills required by the industry. Skill and knowledge are the engines for economic growth and social development of any region. To reap this demographic dividend and overcome the various issues and challenges associated with the skill development ecosystem, the state government of Assam along with Union government of India has taken various initiatives towards Skill development.