In Focus Podcast | Decoding India’s polycrisis: Ailing economy, broken education system, acute unemployment
The 'In Focus' podcast discusses the concept of a 'polycrisis' in India, where economic, educational, and employment challenges intersect. Economists Santosh Mehrotra and Jajati Parida argue that these structural issues are creating a demographic crisis.
Why it matters
It provides a critical academic perspective on India's long-term growth challenges and the systemic risks facing its workforce.
The term ‘polycrisis’ denotes a scenario where multiple crises occur at the same time. A new book titled ‘India Out of Work: Rethinking India’s Growth Story’, written by two economists, Santosh Mehrotra and Jajati Parida, argues that India is facing a polycrisis -- a structural economic crisis, an employment crisis, and the education system crisis, and looming overall of all of these, a potential demographic crisis.
The article summarizes an academic argument regarding economic policy, maintaining a neutral, informative tone.
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