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In Comments.... Ramesh Natarajan: "As per estimates, By 2012, India could have an unemployed population anywhere in the range of 19 to 37 million, the largest share of which will be educated youth. By 2020, India is estimated to have a surplus working population of 45-50 million people. I would say, we need to best utilize the surplus working population both by increasing the domestic job opportunities as well as grabbing the global market demands. Interestingly, one reason for the currency getting strong is due to huge inflow of Foreign exchange to India, primarily due to high NRI remittances. "