The employment-income crisis

Reforms of the education and skill continuum could usher in an Indian miracle

While India is the fastest growing large economy in the world, it has to urgently address unemployment and income. The Ukraine war, high inflation— though lower than many developed nations — the changing workforce requirements in the post-Covid world, all call for a transformational education-skill continuum. It is time to repeat the East Asian miracle. The new National Education Policy 2020 is an opportunity.

The significant improvement in the ease of living of the poor through a pro-poor public welfare thrust over the last many years has improved the asset base of the poor and their ability to access public services.