India's rising unemployment despite prestigious degrees, skill gaps in the workforce, shifting job preferences, and emerging opportunities in gig work and global centers, emphasizing the urgent need for upskilling and systemic reforms.

#iim #iimbanglore #iimahmedabad #iit #iitjee #iitbombay #iitdelhi #education #mba #college

Chapters:

00:00 Introduction
00:59 Job vs Skill Mismatch
02:36 Sarkari Naukari - Worth it?
05:00 Pardesi-Pardesi Jaana Nahi
06:26 Will All India Ever Be Employed?


Summary:

Over 25% of IIT students and a significant portion of IIM graduates remain unplaced. Companies report skill mismatches, with industries like IT and infrastructure facing shortages of skilled professionals despite high job openings.

IIT and IIM graduates are witnessing reduced salaries and limited job opportunities, while MBA generalist roles are losing relevance in favor of specialized skills like AI and cybersecurity. Students in Tier 2 and Tier 3 colleges face even worse placement rates, often under 25%.

Government jobs attract millions of applicants, with less than 0.33% success rates, leading to chaotic scenarios like stampedes at interviews for low-paying positions.

While youth previously sought overseas opportunities, preferences are shifting towards Indian jobs due to factors like lifestyle costs and improved domestic markets.

Gig economy jobs (e.g., Zepto, Uber) and Global Capacity Centers (GCCs) are emerging as key employment drivers, promising higher entry-level salaries and substantial job creation.

India's GDP per capita remains low, and female workforce participation is only 32.7%.

The demographic dividend will decline after 2030, necessitating urgent reforms to address unemployment and upskill the workforce.

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