India, near to fertility transition, received a large demographic dividend which has already started. At present more than 64% „economically active‟ people live in India, popularly known as „demographic dividend‟. In near future „window of opportunity‟ will convert to „burden‟ due to increasing percentage share of elderly population in demographic architecture. India will enjoy the demographic dividend for next twenty five to thirty years. So augmentation of job in industrial economy and skill development programme should be prime focus. In this regard “Coordinated Action on Skill Development” with three-tier institutional structure is an important Governmental initiative since eleventh five year plan. Unfortunately the scheme failed to fulfill its training target each and every year and the people are less interested because after completion of successful training employment is not guaranteed. Above all the industrial growth is the key of succession. Government should review industrial policy and emphasized on manufacturing industries. Small and medium scale industries should encourage in small urban centers and in country side. Otherwise 64 percent economically active population will not be considered as dividend.