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…
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