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Why India lags behind in imparting skills to its workforce
A vast number of young people in India lack the key skills needed to be employable, according to recent surveys. Upskilling the workforce could boost India s economy by hundreds of billions of dollars.
Job seekers line up outside the venue of a job fair in Chinchwad in February 2019
India has one of the largest workforces in the world: With nearly 500 million people of working age, the domestic labor market is second only to China s and far bigger than those of the United States and the EU.
India also has a much younger population, with an average age of 26.8 years. Tens of millions of students graduate from colleges across the country every year, entering the workforce.