Unravelling the Threads of Unemployment in India: A Comprehensive Analysis

By : George Varghese, Leena Vora

Page No: 105-113

Abstract
Human capital is important for social and industrial innovation. Unemployment arises when a substantial portion of the population, capable and willing to work, is unable to find employment. This paper aims to deeply understand the causes and consequences of unemployment in India, using literature published between 2016 to 2023 as a secondary source of data. The study concluded that the skill mismatch and lack of quality educational opportunities are the main causes of unemployment in India. The government has taken several policy measures and initiated developmental programs like Viksit Bharat 2047 to mitigate India’s unemployment. Tackling unemployment needs a comprehensive strategy encompassing education, industry, labor market enhancements, supportive economic policies, fostering remote work options, stimulating entrepreneurship to harness the demographic dividend of India, and initiating mental health-focused employment programs for the successful reintegration of the unemployed into the work pool.

Authors:
Dr. George Varghese, Senior Consultant Psychologist, Oyster & Pearl Hospitals.
Leena Vora, Assistant Vice President, V SOLVE India Pvt. Ltd.
 

DOI: https://doi.org/10.32381/JPR.2025.20.01.10