India, Jan. 30 -- Dr Partha Chatterjee, Dean of Academics and Professor of Economics, Shiv Nadar University, Delhi NCR: "India has one of the largest populations of young people. Almost 40% of the population is less than 25, or at an age where they could be in education. To educate this large number, several steps need to be taken. This is critical if India has to achieve developed economic status by the time the demographic transition is over. It is obvious that the education and research budget has to go up - right now at 2.9% of GDP there is a lot of room for this funding to grow. Over the last few budgets skilling was prioritised. However, it is not clear what that investment in skilling has delivered. If India cannot build a solid ed...