Dr. APJ. Abdul Kalam, former President of India D(2002-2007) states that “the resource of the youth is an important building block for transforming India into a developed nation”. Many psychologists, sociologists and educationists have tried to position young people in a society from their own perspective. Therefore, their understanding and perceptions differ depending on their field of interest, focus of study and standpoints. These perceptions of youth, however, influence policy making, youth work practice and services. This article strives to present an understanding of these varied perspectives and thus arrive at a holistic picture of the contemporary young person. This study targets the policy makers, researchers, educationists and practitioners to address the issues that affect the youth today and realise their full potential.