Youth Centric Policy: India has more than 50% of its population below the age of 25 and more than 65% below the age of 35.
o To cater the needs and aspirations of the youth Government of India has come up with several schemes like National Youth Policy-2014, Pradhan Mantri Kaushal Vikas Yojana, National Skill Development Corporation, YUVA: Prime Minister’s Scheme For Mentoring Young Authors, Rashtriya Yuva Sashaktikaran Karyakram Scheme etc.
Investing in Education: India's overall literacy rate of 74.04% which is below the world average of 86.3%.
o In order to address the issue of low literacy several government schemes like Sarva Shiksha Abhiyan (SSA), Right to Education (RTE) Act, Rashtriya Madhyamik Shiksha Abhiyan, Rashtriya Uchhattar Shiksha Abhiyan (RUSA), Mid Day Meal Scheme, Beti Bachao Beti Padhao, PM SHRI Schools etc. have been implemented by the government.
Skilled Workforce: According to India Graduate Skill Index 2023, consistently reveal that roughly 45-50% of Indian fresh graduates are deemed employable by industry standards.
o So, for skilling and upskilling people government has come up with schemes and initiatives like Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Rozgar Mela, Pradhan Mantri Kaushal Kendras (PMKK), Udaan, Apprenticeship Training under the Apprentices Act, 1961, Vocational Training Programme For Women, Skill Loan Scheme, Indian Institute of Skills (IISs), SANKALP.
Ensuring Healthy Population: Healthy population and better healthcare facilities ensures better utilisation of human capital and also reduces the burden on the healthcare system.
o To ensure good health care facilities Government has invested in building world class hospitals like AIIMS along with schemes like Aayushmaan Bharat Yojana, Digital Health Mission, Mission Indradhanush (MI), Janani Suraksha Yojana, Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA), Mission Parivar Vikas.
Building Infrastructure: Infrastructure which encompasses components like roads, ports, airports, bridges, railways, water supply, power, telecommunications etc. forms the foundation for economic growth, comprising physical and structural systems crucial for sustainable development of demography.
o India’s capital expenditure as a percentage of GDP increased from 1.7% in 2014 to nearly 2.9% in 2022-23.
o Schemes like Digital India programme, etc. to boost digital infrastructure, and PM Gati Shakti Scheme, Bharatmala scheme for building physical infrastructure and PM SHRI, Har Ghar Nal Yojana etc for boosting social infrastructure have been launched by the government.