Society

Youth Unemployment in India: A Timeline of Challenges

Youth unemployment in India refers to the proportion of the labour force aged 15-29 years who are actively seeking but unable to find work. It is trending now…

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ECONOMIC LIBERALISATION BEG…

India Embraces Economic Liberalisation, Reshaping Job Market

The Indian government initiated sweeping economic reforms, dismantling the 'License Raj' and opening the economy to global markets. This shift aimed to boost growth and…

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IT BOOM & SKILL GAP EMERGES

The Rise of the IT Sector and India's Emerging Skill Gap

The 2000s witnessed a significant boom in India's Information Technology (IT) sector, creating numerous high-paying jobs for skilled graduates. However, this period also…

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GLOBAL FINANCIAL CRISIS IMP…

Global Financial Crisis Hits Indian Job Market, Slowing Growth

The global financial crisis of 2008, while not as severe in India as in Western economies, still had a ripple effect, slowing down economic growth and consequently job c…

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PMKVY LAUNCHED

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Launched for Skill Development

Recognising the persistent skill gap and the need to enhance youth employability, the Indian government launched PMKVY. This flagship scheme aimed to provide skill train…

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DEMONETISATION IMPACT

Demonetisation Disrupts Informal Sector, Affecting Youth Employment

In November 2016, the Indian government announced demonetisation, invalidating 500 and 1000 rupee notes. This move severely disrupted the informal sector, which employs…

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GST IMPLEMENTATION

Goods and Services Tax (GST) Implementation and Its Job Market Effects

The introduction of the Goods and Services Tax (GST) in July 2017 aimed to simplify India's indirect tax structure. While intended for long-term economic benefits, its i…

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COVID-19 PANDEMIC

COVID-19 Pandemic Triggers Unprecedented Youth Job Losses in India

The COVID-19 pandemic and subsequent lockdowns in 2020 dealt a severe blow to the Indian economy, leading to widespread job losses and a sharp rise in unemployment, part…

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PLFS REPORTS HIGH YOUTH UNE…

Periodic Labour Force Survey (PLFS) Highlights Persistently High Youth Unemploy…

Reports from the Periodic Labour Force Survey (PLFS) in 2022 continued to highlight persistently high rates of youth unemployment, especially for educated youth in urban…

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G20 FOCUS ON SKILLING

India's G20 Presidency Emphasises Skill Development and Future of Work

During its G20 Presidency in 2023, India placed a significant emphasis on skill development, future of work, and inclusive growth, directly addressing the challenges fac…

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