It plays a big role definitely. It's India's advantage that it has almost 2/3 of the population aged below 35.
However, it can go both ways. If this much working population doesn't get work to do, we may even see a civil war type of situations. Having a big population is only advantage of there are options available to utilize them
The rampant cheating on testing and lying about skillset will not help under employment issues, that needs to be cleaned up first and foremost.
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Are you talking about Skill development programs? I agree they aren't serving the purpose for what they were created.
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