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Decoding India’s polycrisis: Ailing economy, broken education system, acute unemployment
The term ‘polycrisis’ denotes a scenario where multiple crises occur at the same time. A new book titled ‘India Out of Work: Rethinking India’s Growth Story’, written by two economists, Santosh Mehrotra and Jajati Parida, argues that India is facing a polycrisis -- a structural economic crisis, an employment crisis, and the education system crisis, and looming overall of all of these, a potential demographic crisis. How did India land up in a polycrisis and what is the way out? Guest: Santosh Mehrotra, a professor of economics who has worked with the Planning Commission and the United Nations…
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