Part 3/14:

India’s youth unemployment has been rising markedly over recent decades. Official statistics show a decline from a peak of 24.6% in 2020 to around 15.8% in 2023 — but these numbers mask a more alarming reality. According to the Center for Monitoring Indian Economy (CMIE), youth unemployment might be much higher, nearing 42%. The crux of the problem lies in the mismatch between education and workforce demands: graduates often lack the skills required for modern industries such as IT, healthcare, renewable energy, and fintech.