Is India producing more graduates than what the economy can absorb?
Experts discuss the growing gap between India's high volume of university graduates and the economy's ability to provide sufficient jobs. The conversation highlights how capital-intensive investments and the rapid rise of AI are shifting labor market requirements.
Why it matters
The mismatch between education and employment is a significant socio-economic challenge for developing nations with large youth populations.
India is witnessing an unprecedented expansion in higher education. Over the past decade, thousands of new colleges and universities have been established, producing millions of graduates every year. Yet unemployment of the educated remains a growing concern. Nearly one in three graduates are unemployed. Is India producing more graduates than what the economy can absorb? Rajan Wadhera and O.R.S. Rao discuss the question in a conversation moderated by M. Kalyanaraman .
The article presents a balanced discussion between two experts exploring structural economic issues.
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