Articles by Raghu Roy

There is evidently not much good news floating around in the economy. First, some numbers. In 2019, according to ILO estimates, youth unemployment rate in India was at 10.51%. This figure has hovered around 10% for the past decade. But unemployment rate among the urban youth is much higher. According to data released by the Centre in its Periodic Labour Force Survey (PLFS) 2017-18, unemployment among urban youth in the age group of 15-29 years was at 23.7% in that December quarter, rising consistently over the three previous quarters of that year. If that trend continued, and all reports indicate…