THE millennial generation is considered to be the torchbearers of economic and social growth around the world. The millennial generation - people born between the years 1981 and 1997 - comprises 27 per cent of the world's population numbering approximately 2.0 billion people.
According to international experts, eight countries are prominent in a top-20 global list for their millennial populations in terms of employee sourcing, growth in consumer spending, and economic prospects as a whole. Bangladesh tops the list of the most positive camp. These countries have comparatively low youth unemployment rates and their overall economies are expected to grow speedily over the next five years. If economic growth is comprehensive and keeps on spawning economic opportunities for the millennial, this might pave the way towards a long-standing sustainable economic growth and utmost stability. At the moment, the millennial population of Bangladesh constitutes 31 per cent of its total populace. If the generation is trained appropriately, the country has the possibility to experience positive transformations in multiple development sectors. Â Â Â
Experts also opine that the country's existing labour market and educational system require a well-balanced approach to get maximum output along with a quality assurance. Unfortunately, we are facing a lack of confidence-building measures which is indispensable for us to thrive. Almost 50 million youngsters are supposed to get adequate training in order to become efficient and agile human resources. The quality of education and specialised training should be improved. Aptitude, creativity and innovation must be encouraged in every sphere sphere. State, government and family units should come up with ground-breaking ideas and resourceful initiatives against the faulty traditions, norms and stereotyped concepts. The government should find alternative ways to implement viable policies that can add an incredible boost to the country's crucial economic sectors - agriculture, industry, SME and services.
Nabil Azam Dewan
Lalmatia, Dhaka
nabil.dewan@gmail.com
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Inspiring the millennial generation to move forward
FE Team | Published: November 16, 2016 20:26:30 | Updated: October 22, 2017 14:09:11
Inspiring the millennial generation to move forward
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