Graduate unemployment among the many 15- to 29-year-olds stays excessive – practically 40% among the many 15- to 25-year-olds, and 20% among the many 25- to 29-year-olds; and, solely a small share safe steady salaried jobs inside a yr of commencement.
Between 2004-05 and 2023, whereas roughly 5 million graduates had been added annually, solely round 2.8 million discovered employment, and a fair smaller share entered salaried employment, contributing to rising graduate unemployment and slowing earnings development.
With a median age of 28 years, India is among the many youngest economies on the planet. Nonetheless, with the share of youth starting to say no, the window to reap the demographic dividend is narrowing.
India is nearing the height of its demographic dividend, with the share of the working-age inhabitants anticipated to start declining after 2030.
One other fear is that the enhance in variety of lecturers has not stored tempo with enhance in scholar numbers: AICTE norms prescribe between 15 to twenty college students per trainer. Nonetheless, personal faculties have, on common, 28 college students per trainer whereas public faculties have 47. Hiring and filling up of vacancies in educating positions stay essential to make sure that studying outcomes will not be compromised attributable to useful resource constraints.
Rosa Abraham, Assistant Professor of Economics at APU and the lead writer of the report noticed that “Indians right this moment are rising previous earlier than getting wealthy, in contrast to within the West.” Which means revenue development of pros just isn’t rising quick sufficient, particularly within the final decade.
Employability continues to be a serious problem for organisations attributable to deteriorating high quality of schooling. Prof. Abraham famous that just a few years in the past, many organisations spent on pre-employment coaching, however of late they aren’t in a position to afford it attributable to stress on returns.
See full report right here https://publications.azimpremjiuniversity.edu.in/6848/1/SWI%202026%20-%20Web.pdf
