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Showing posts from October, 2007

India on the move...

Ok..we all know that India is on the move @ roughly 10 % per year. Almost every day we read about this growth rate in the media - along with analysis on whether this rate is sustainable and if it is inclusive or limited to urban middle class. Another oft-repeated idea is that of India being in a demographic sweet spot. We have the largest number of people between ages 15-45, the productive years. And when it comes to the IT/IT ES/BPO sectors, we hear about the unemployability of a large number of our youth, thereby driving the salaries of the employable pool ever northwards. So, here I go again: India has a huge rural population that is seeking to migrate to the cities and towns in search of employment. Why? A couple of off-the-bat reasons: 1. Agriculture no longer provides a sustainable livelihood. 2. Villagers see a 'better life' being lived on the TV at home and the aspirational energies kick in. But most of these rural youth are unemployable in the high paying service jobs ...