India election: How will youth unemployment impact PM Modi as he seeks a rare third term?

UNABLE TO DECORATE JOBS

A recent report released by the International Labour Organization ( ILO ) in March painted a depressing picture of India’s employment situation, particularly among its youth. &nbsp,

The Indian Employment Report 2024, produced with the Institute for Human Development, highlighted that roughly 83 per cent of the region’s poor are its children.

The statement further found that one in three Indians aged 15 to 29 is not working, teaching, or in education.

These characters, which the government has refuted, show that gig workers and those who work part-time are never taken into account.

On the other hand, observers agreed with the statement that the advantages of having the world’s fastest-growing big economy are not dwindling, claiming that the government has not been able to create jobs for the under- and the bad.

Due to this, the majority of the country’s population has been forced to work in the casual or agricultural fields, where there is little job security and wages are low. &nbsp,

However, experts argued that India needs to be reasonable about its labor shortage issue.

According to Mr. Sujan Hajra, executive chairman and chief economist at financial services company Anand Rathi, “every month, 1 million new employment seekers are joining the employment market, so you have to ensure that the poverty level does not go up.” &nbsp,

” One of the biggest benefits for India is population, but if we cannot exploit that advantage, then that benefit can be a problem. But that definitely is a large issue, and certainly it fuels interpersonal unrest”.