"India needs to enhance the quality of vocational education of the youth as well as inculcate entrepreneurial temper in them to prepare them as the country charts its course as one of the fastest emerging economies," Goyal said participating in a panel discussion here.
Speaking at the discussion centred on a book, 'The World in 2050', which takes a long-term perspective of the economic and social outlook of the world to 2050, the Minister added that India also needs to reach out to the countryside and address the issue of unemployment there.
It argues that for a prosperous economic order, the convergence of large developing economies, led by East Asia and India, with the developed world is crucial given the former's share in the global GDP.
Goyal stressed on increasing the use of technology to find affordable and sustainable solutions to steer India towards a "better future".
Development of smart cities in the country will have to be customised to the Indian context while leveraging on economies of scale to make the requisite technology affordable, he added.