As a developing country, India stands at advantage than other countries in terms of youth Population. Youth is not only the backbone of a nation, but they also determine its future. Because young people are innovative, creative, passionate and skilled, they are instrumental in creating a meaningful change nationwide and globally. This enthusiasm, vibrancy and skills when channelled properly can promise us and our generation a secure and progressive future. It is both an asset and challenging on being a country with highest number of youth. With emerging advancement and development, multiple challenges continue to occur. This paper attempts to explore the social and psychological challenges and the causes behind them that the modern youth of our country faces. It is very important to address these issues and to work on ways to empower the younger generation since they shoulder a plethora of responsibilities.