Background
Overview
This concept is central to understanding India's demographic dividend, economic growth potential, and social stability. UPSC frequently examines challenges related to employment generation, skill development, and the effectiveness of government policies aimed at human capital formation.
Youth unemployment and underemployment, particularly the NEET (Not in Education, Employment, or Training) phenomenon, represent a significant challenge to India's demographic dividend. It highlights a mismatch between educational outcomes, skill acquisition, and labor market demands, leading to economic stagnation and social issues.