Editor’s note – This erudite article comes from an economics student who talks about inequity in demographics and the challenges it raises for the future of the economy. It elucidates how the current economics of education is widening that inequity and how the government’s planning might be inadequate to sustain the development of the nation let alone buoy it and propel it further.
Author’s note – This article focuses on the need of the poor households that shall, in the future send forth the workforce of India 2020. If the vicious circle of illiteracy, low productivity, and poverty is not interrupted India’s development might crumble to dust in the future. It is also noteworthy that in spite of acknowledging the incidence of demographic transition and the resultant dividend that it can foster, the Government deplorably fails at providing the required breakthrough to the outreach of education in the nation.