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Nirmala Sitharaman highlights employability as key challenge for Indian economy

Union Finance Minister Nirmala Sitharaman addresses employability challenges in India during a talk in New York, emphasising the need for skill development to bridge the gap between education and job market expectations.

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In a recent fireside chat in New York, Union Finance Minister Nirmala Sitharaman addressed the pressing challenges facing the Indian economy, particularly focusing on employability. She pointed out that a significant hurdle is the gap between the skills possessed by graduates and the expectations of employers.

"The biggest challenge that we have is the employability level or the skill set that is so required," she stated, emphasising that while many students graduate with degrees, there is often a disconnect between their qualifications and the skills needed in the job market. The government is actively working to bridge this gap and equip the youth with essential skills, especially in emerging technologies such as artificial intelligence.

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