India is a young country. It is said that over half of the population under 25 years.. What does that mean to us? loads of opportunities with risks!! On one hand, its a lot of young energy coming handy at the right time. On other hand, a lot of jobs need to be created, else this young energy may become a huge risk to the country.
Huge populations are expected to migrate to existing Indian cities in the next few years seeking jobs. What if we fail to create enough jobs that are required to keep the youth of the country engaged in the direction of growth and prosperity. What if we have huge population of young citizens migrating to urban areas and remaining jobless for months… at some point in time, they are bound to turn into self service hooligans.
India is growing at the rate of over 6%, which is one of the fastest growing economies of the current times. With the population of over a million, the impact of this growth is tremendous. With huge percentage of this population coming to age every year, this growth is expected to surpass that of china in the near future. Millions of people in the country are seeing prosperity for the first time after generations of poverty. Hoards of young people have new jobs and liquid money to spend on eating out and going to movies. A new huge middle class is born every year.
Although the new middle class can now afford to buy the assets, they are also left vulnerable to the envy of the even bigger population that is still poor. The rich class in India had over time figured out ways to deal with the envy of the poor. They had their own security systems in place, and were well connected with the public security systems within their cities. But the new emerging middle-class has none of this. With rapid urbanization, the existing public security systems will soon become ineffective and completely unreliable.
The infrastructure of the existing cities is nowhere close to handle this mass migration of the young population to the Indian cities. It will take time to build new smart and sustainable cities to handle this growing urban monster. Until then, there will be a crisis, and there needs a solution.
Yes, we are talking about private security companies, that will quickly emerge out of no-where. These companies will have to compliment the public security systems to combat the situation. Their task will primarily include avoiding any sort of security incident, while the public security services are busy handling the incidents that have already taken place. In short, they will have to put down preventive measures, instead of reactive measures.
Hence these security startups will have to rely on technologies that are currently not known to the existing local public security systems. Intelligence systems and closed circuit television will have to be ubiquitous, to detect abnormal activities. Identification and authentication will have to be tightened in all public and private premises. This will come at a cost of money, privacy and convenience, which the urban middle-class will gladly compromise for their own safety and security.