India is confronted with a significant challenge in generating productive jobs, despite having one of the largest potential workforces globally, with over 660 million people aged between eighteen and thirty-five. Alarming statistics reveal that the country’s unemployment rate stands at around 7 per cent, a concerning figure given the sheer size of the workforce. Furthermore, the quality of jobs in India raises concerns, as most of the population is engaged in low-value-added and low-paying employment. The State of Inequality in India Report 2022 points out that an individual earning over ₹25,000 per month belongs to the top 10 per cent of earners in the country, emphasizing the dearth of well-compensated positions.
Female labour force participation remains strikingly low at just 23 per cent, significantly below the global average of 47.4 per cent, presenting a substantial hurdle to India’s economic development due to cultural and societal constraints. The country’s youth unemployment rate is notably high at 23.2 per cent, reflecting deficiencies in the education and training systems that fail to equip the youth with the necessary skills for the job market.
هذه القصة مأخوذة من طبعة March 2024 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة March 2024 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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Scale Stimulus
For technology start-ups, growth funding serves as the catalyst to scale, innovate, expand into new markets and make critical hires. New capital brings strategic value through investor expertise and industry network, customer introductions, helps maintain operational efficiency and mitigate cashflow challenges.The landscape of venture and growth financings in India has undergone a major shift since the pre-Covid era. The pandemic gave rise to a low-interest rate environment which saw an unprecedented inflow of capital into Indian start-ups with a very strong focus on high growth, often at the cost of high burn. Post-pandemic, the environment has seen a significant shift in focus towards sustainable growth, profitability and efficient unit economics.
The Best Valuation Need Not Be the Highest
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CELEBRATING EXCELLENCE: OUTLOOK BUSINESS SPOTLIGHT - ACHIEVERS AWARDS 2024
Recognizing Visionaries Who Inspire Growth, Innovation, and Progress
At the End of the Day, You Bet on Founders
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Time to Go Global
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