Degrees But No Jobs? Dr Shamika Ravi Decodes India's Youth Unemployment

Is India facing a massive youth unemployment crisis, or is the data telling a different story? In this deep dive, Siddharth Zarabi, Group Editor, Business Today, speaks with Dr Shamika Ravi, Member - PM Economic Advisory Council to decode the real job market numbers. Dr Ravi explains why the all-India unemployment rate of 3% hides state-wise extremes, contrasting Gujarat's 0.9% with Kerala's 12.5%. She unpacks the Gen Z job delay and reveals a startling statistic: unemployment among educated graduates is five times higher than those with only basic schooling. Why? A severe gap between college degrees and market-ready skills. Watch to understand why the corporate sector pays for actual skills, not just degrees, and what it means for India.