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India's job crisis 'biggest challenge, biggest opportunity': Naushad Forbes

India has an unemployment, quality of jobs and quality of income challenge, data show. Unemployment in India stood at 8.1% in February 2022, per Centre for Monitoring Indian Economy (CMIE) data

Naushad Forbes, CII President
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Naushad Forbes

Govindraj Ethiraj | IndiaSpend Mumbai
India has an unemployment, quality of jobs and quality of income challenge, data show. Unemployment in India stood at 8.1% in February 2022, per Centre for Monitoring Indian Economy (CMIE) data. While this is an improvement from the near 12% unemployment during the peak of the second Covid-19 wave in May 2021, only 40% of Indians were employed or looking for work, compared to about 60% in other countries.

Around 26% of Indian males between the ages of 20 and 30 years, with at least 10 years of education, were not working, while the figure is 2% for those aged

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First Published: Mar 25 2022 | 8:13 AM IST

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