India is currently enjoying a ‘demographic dividend’, which means, it has a higher labour force than the population dependent on it. The population in the age-group of 15-34 (termed as youth) increased from 353 million in 2001 to 430 million in 2011. Current predictions suggest a steady increase in the youth population to 464 million by 2021 and finally a decline to 458 million by 2026. By 2020, the average age in India will be 29 and it is set to become the world’s youngest country with 64 percent of its population in the working age group. In Western Europe, the US, South Korea, Japan and even China with aging, this demographic potential offers India and its growing economy an unprecedented edge that economists believe could add a significant 2 per cent to the GDP growth rate. To get more benefits from young population, quality education and skill development programmes have to be given for youth for improve their potentials. The countries like Western Europe, the US, South Korea, Japan and China have grown rich before they have grown old. They invested in education and skills, health, empowerment and employment and ensured youth joined the workforce for getting benefits. The objectives of the paper are to examine the demographic profile of youth in India, to study the education status and to elucidate skill development programmes for youth based on secondary data.