Indian Unemployment catastrophe
Unemployment among India’s youth population, mostly from impoverished communities, remains a challenge today. COVID-19 has shaken the Indian job market like much of the world, sending the unemployment rate as high as 24%. Yet, while unemployed youths in India remains high, the COVID-19 pandemic has led organizations to shift their efforts toward helping those in need. For example, the Indian government has transformed a number of its training centers into quarantine units. However, youths with healthcare training are being referred to the Ministry of Health and Welfare to help with the pandemic response.
Return to a pre-pandemic life will be slow. Still, when India is ready again to invest heavily in its large reserve of youths, there is a real promise for economic gain with a possible 2% future growth in the country’s economy.
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