Thursday 18 September, 2014 | CNBC
In 2020, the average Indian will be only 29 years old, compared to 37 in China and the U.S., 45 in West Europe and 48 in Japan, according to India’s Ministry of Labor and Employment. By 2030, India’s 1.5 billion population will have 68 percent men and women in the working age of 15-68, compared with 65 percent today.
 Theoretically, a nation with young demographic has lower dependency ratio, which leads to increased consumption that can be channeled into higher investment and therefore growth.
For India however, the reality on the ground couldn’t be more different. “It is not unusual to see graduates employed as security guards, driver or waiters in restaurants, given the poor standards of education. So what demographic dividend are we talking of? The generation coming of age in the 1920s faces the greatest underemployment ever in history,” said Anil Sachdev, a human resources specialist and career coach. Read Article