India’s big job crunch
With a million people entering the job market every month, India’s economy desperately needs to find a way to make space for them. The morning of September 17, 2015, India woke up to a curious headline: PhD holders among 2.3 million applicants for peon jobs in UP. The response to 368 vacancies for peons in the most populous state of the country had been a record of sorts. The minimum qualification for the post was no more than school education [...]