Saturday, February, 15,2025

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Economic Sustainability THE NEW INDIA WAY

The term as it reads, Economic sustainability refers to the ability to support longterm economic and an ongoing growth.

An overly critical issue the nation, today, faces is the Economic sustainability for the youth of India. It is a subject that influences the progress and prosperity of any nation. India has 60% of its population under the age of 35, making it one of the world’s youngest populations. These figures can be overwhelming for the country. An ethical leadership can make the country to become a global leader with this opportunity of being a nation filled with potential youth, subject to a well-planned strategical guidance for them.

This demographic dividend, if effectively harnessed, can drive economic growth and innovation making INDIA a dominant leader on the Planet. However, ensuring economic sustainability for the youth requires a detail-oriented approach that combines social equality, higher education, skill development, employment generation and culture development.

Economic abundance is achievable without compromising environmental, social, and cultural factors. For the youth to become sustainable, it means creating opportunities that not only provide immediate employment but also ensure long-term career growth, financial stability, and quality of life. A sustainable economic model equips young people with the skills and resources adapt to changing global trends, fostering resilience and innovation and in turn making the economy of the country Self Sustainable and Self Reliant.

The Indian Economy is booming with full throttle ahead. The governing leadership is doing an excellent job, but the challenges are no less daunting in the same scenario. The youth of India face several challenges with the ambition of becoming economically sustainable.

Though the country produces millions of learned and skilled graduates every year, a major percentage of youth stays unemployed or gets a job below their skill match with minimal stakes of growth in future. Underemployment and Unemployment is one of the biggest challenges that an Indian Youth faces today.

Disparities in education results in lost opportunities as they become unapproachable for population at large. Significant part of rural India has a diverse need for raising the graph of skill development in the Youth. Development of Various Skills is yet another challenge which results in Economic Equality.

The development of Artificial Intelligence is a feather in the cap of our growing India. But with more opportunity comes new responsibilities. The replacement of traditional jobs by artificial intelligence is just around the corner. This alarms the need for new skilled role for the Youth of the country.

Strategies to a build a more Economically Sustainable India

An integrated approach to become #atmanirbhar shall have some key pointers to go with.

Investment in skill development and higher education is key to nurturing India’s youth. Focus on STEM, vocational training, social media, and tourism courses should be prioritized, especially in tier B cities. The education system must align with the needs of emerging industries. Upscaling initiatives like Digital India is crucial to empower youth for a prosperous future.

The upcoming trend of start ups in the country is a mood building regimen and, it should be encouraged. Policies should be wired and made in a customised manner to help the budding entrepreneurs. The target should be, we make this nation a paradise of Industrialisation and Entrepreneurship.

Encouraging new busin Encouraging new businesses, MSMEs, and entrepreneurs will empower young Indians to create job opportunities. Support through mentorship, financial aid, and subsidies will boost the economy. Key sectors like Green Energy, Agriculture, Tourism, Heritage, and E-Commerce offer immense growth potential. Public-private partnerships are essential to increase career opportunities. The Green Economy shift, focusing on renewable energy, sustainable agriculture, and waste management, can create sustainable jobs and strengthen resilience. Renewable energy is labor-intensive, providing long-term benefits and job creation.

Inclusivity, particularly gender equality, is vital for economic sustainability. India has made significant progress in this area, and continued efforts will build a stronger nation.

Government programs like Make in India, Skill India, and Digital India provide a solid foundation, but private sector participation is key for success. With the right policies and collaboration, India can become a world leader in economic sustainability, ensuring prosperity for its youth. INDIA becoming #Formidably_Dependable.

THE VIEWS EXPRESSED BY THE AUTHOR ARE PERSONAL

Yash Kalra, The writer is an Event Manager & an Author by profession

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Daily Astro

15-02-2025

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Libra

Harmony in relationships is your priority. Compromise and understanding will strengthen your bonds.

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Virgo

Focus on organization and details. A well-planned day will lead to productive results and personal satisfaction.

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Leo

Leadership will come naturally. Take charge of situations but remain humble for the best outcomes.

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Cancer

Emotional balance is key today. Spend quality time with loved ones to find comfort and clarity.

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Gemini

Today is perfect for networking and sharing ideas. Your adaptability will help you tackle unexpected changes with ease.

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Taurus

Patience will be your strength today. Financial matters might need attention, so think twice before making big decisions.

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Aries

Today brings opportunities for growth, but you'll need to stay focused. Trust your instincts to navigate challenges.

image

Pisces

Your intuition will guide you. Trust your feelings and explore creative outlets for peace of mind.

image

Aquarius

Innovation is your theme today. Explore unconventional ideas to solve lingering problems.

image

Capricorn

Hard work pays off today. Your dedication and discipline will lead to well-deserved recognition.

image

Sagittarius

Adventure is calling! Embrace new opportunities, but keep a balanced approach to risks.

image

Scorpio

Your determination will be unmatched. Dive deep into tasks, but don't forget to take breaks to recharge.

image

Libra

Harmony in relationships is your priority. Compromise and understanding will strengthen your bonds.

image

Virgo

Focus on organization and details. A well-planned day will lead to productive results and personal satisfaction.

image

Leo

Leadership will come naturally. Take charge of situations but remain humble for the best outcomes.

image

Cancer

Emotional balance is key today. Spend quality time with loved ones to find comfort and clarity.

image

Gemini

Today is perfect for networking and sharing ideas. Your adaptability will help you tackle unexpected changes with ease.

image

Taurus

Patience will be your strength today. Financial matters might need attention, so think twice before making big decisions.

image

Aries

Today brings opportunities for growth, but you'll need to stay focused. Trust your instincts to navigate challenges.

image

Pisces

Your intuition will guide you. Trust your feelings and explore creative outlets for peace of mind.

image

Aquarius

Innovation is your theme today. Explore unconventional ideas to solve lingering problems.

image

Capricorn

Hard work pays off today. Your dedication and discipline will lead to well-deserved recognition.

image

Sagittarius

Adventure is calling! Embrace new opportunities, but keep a balanced approach to risks.

image

Scorpio

Your determination will be unmatched. Dive deep into tasks, but don't forget to take breaks to recharge.