Youth is the harbinger of positive change if its collective energy is channelized constructively. The state of a country's economic health is dependent upon sectors like manufacturing, IT, infrastructure development, services, etc. And, to achieve a higher growth rate in terms of GDP, a skilled workforce is the most important requirement.
On the occasion of World Youth Skill Day, a Moradabad based philanthropist Arvind Kumar Goel is spearheading a movement to create awareness about the huge untapped potential of the youth which if harnessed can catapult our country into the league of superpowers sooner than later.
We are living in an era wherein many western economies have reached saturation point and are suffering from dwindling birth rate leaving them with acute manpower shortage. On the contrary, India accounts for a whopping 27.3 percent youth (15-29 years of age-group) in its 1.38 billion population.
It is indeed important for a nation to put in extra effort to skill her youth and ensure constant upgradation in the fast changing industrial environment, Goel is of the view that with a little tweak in the education policy, a self-motivational endeavor among youth can trigger an industrial revolution in our country.
Goel, an educationist who helps run hundreds of educational institutions throughout the country is a strong proponent of instilling financial literacy among the youth. Financial literacy is the ability to learn and efficiently use financial tools to effectively manage personal finances including debt management, budgetary allocations, investment management, etc.
Through these educational institutions, Goel aims to train the youth to get financially empowered in their micro economic environment and inspire them to build robust careers. It is at this stage the importance of upskilling comes and requires the government's active participation.
Goel's actions suggest a clear path. Financial literacy will provide momentum. Now the government's role is to ensure upskilling in real time with future scenarios in mind so that the youth's skill stays relevant in an era of increasing automation and shifting business priorities.
With his great influence on policy makers and industrialists who make a beeline to seek his blessings, Goel, through his efforts, is also setting an example on the occasion of World Youth Skills Day for industrialists and colleges of higher education to come forward and participate in equipping youth with skills for employment, decent work and entrepreneurship.
This is a sponsored article.
