Youth Labor Market Challenges in India: Education, Employment, and Sustainable Development Goals

Jajati Keshari Parida () and S. Madheswaran
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Jajati Keshari Parida: University of Hyderabad
S. Madheswaran: Centre for Economic Studies and Policy, Institute for Social and Economic Change

Chapter Chapter 20 in India’s Contemporary Macroeconomic Themes, 2023, pp 479-496 from Springer

Abstract: Abstract Indian economy is passing through a critical phase of economic development due to the reversal of its structural transformation. The number of youth joining the labor force after completion of education and training is at the rise. This results in an upsurge in educated youth job seekers and growth of passive unemployment in India. Since the growth of youth population has already started shrinking, urgent measures are necessary to achieve the sustainable development goals. In this context, a structured industrial policy for the promotion of micro- and small enterprises along with infrastructure development and emigration and remittances policies is necessary.

Date: 2023
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DOI: 10.1007/978-981-99-5728-6_20

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