How can India tackle the jobs crisis?
Can India create enough jobs to meet the needs of its hundreds of millions of poorly employed people, especially the youth?
India’s unemployment rate was at almost 8% last month, a recent study has reported, significantly higher than that seen in the last many years. The situation is so bad that two Indian states saw violent protests last week, with some job seekers setting railway carriages on fire. There is also a huge mismatch in available jobs and people with the right skills for them.
The government has announced plans to create millions of new jobs by promoting local manufacturing and big spending on infrastructure. But the gap in demand and supply is huge.
Can India create enough jobs to meet the needs of its hundreds of millions of poorly employed people, especially the youth? In this edition of WorklifeIndia, we discuss ways to tackle India’s jobs crisis.
Presenter: Devina Gupta
Contributors: Mahesh Vyas, MD and CEO, CMIE; Pawan Goyal, chief business officer, Naukri.com; Mehar Sindhu Batra, career coach, influencer; Prafull Billore, founder, MBA Chai Wala
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WorklifeIndia
Live from Delhi, WorklifeIndia reflects on money, work, family, business and finance.