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Unravelling the Conundrum of Youth Unemployment in India

In: Youth in India

Author

Listed:
  • Nitin Bisht

    (Hemvati Nandan Bahuguna Garhwal University (A Central University))

  • Falguni Pattanaik

    (Indian Institute of Technology Roorkee)

Abstract

The advantage of youth human capital to a country depends on the successful School-to-Work transition, while a broken School-to-Work transition indicates a disconnection in youth’s labour market transition. In the Indian context, the neoliberal regime was presumed to play an active role in tackling youth unemployment. Henceforth, the relevance of this chapter’s discourse on youth unemployment in India is significant for two reasons—the population of the younger generation has increased in the neoliberal regime leading towards a demographic dividend; secondly, youth engagement in labour market (LFPR and WPR) has seen a steep decline in the neoliberal era. The findings reveal that youth unemployment has increased significantly post-years of liberalization. Indeed, youth’s journey has been observed to showcase late entry and early exit from the Indian labour market. Once youth exit from the labour market, re-entry becomes difficult. Besides, higher youth unemployment is due to stiff horizontal and vertical competition from younger and adult contemporaries.

Suggested Citation

  • Nitin Bisht & Falguni Pattanaik, 2023. "Unravelling the Conundrum of Youth Unemployment in India," India Studies in Business and Economics, in: Youth in India, chapter 0, pages 69-95, Springer.
    • Handle: RePEc:spr:isbchp:978-981-99-4330-2_3
    DOI: 10.1007/978-981-99-4330-2_3
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