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Resolve the paradox of jobless graduates amid a skills scarcity

Mint New Delhi

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July 29, 2025

Ensuring that India's youth are productively employed is a challenge that calls for radical reforms

- AJIT RANADE

India's gross enrolment ratio (GER) in higher education is at 28.3%, up by five percentage points in the past 10 years. This represents the proportion of those between the ages of 18 and 23 enrolled for college or higher-level courses. The National Education Policy aims to increase this ratio to 50% in the next decade. That would imply a faster rate of increasing college and university attendance than has been achieved in the past decade. At present, roughly 11 million young people are graduating annually with a degree or diploma of some kind. The problem of getting more youth enrolled is not merely constrained by the lack of seats in colleges. For instance, in the recent July frenzy for admissions to junior colleges across the state of Maharashtra, it was revealed that there were 300 colleges, fully funded by the state, that received zero applicants. These colleges receive grants for staff and faculty salaries but have no students. There is suspicion that this state of affairs has been going on for quite some time. It was shocking enough for the Bombay High Court to take suo moto cognizance and initiate legal proceedings.

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Mint New Delhi

Mint New Delhi

In India's car labs, Chinese models new benchmark

Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.

time to read

2 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

Insurance merger plan gets new life

Centre weighs consolidating National, Oriental, United

time to read

3 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

IFC, two others may pick 49% in green H₂ maker Hygenco

The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hydrogen manufacturer Hygenco Green Energies Pvt. Ltd, two people aware of the development said.

time to read

4 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

India's telecom spectrum: Who actually owns it?

On 13 November, the Supreme Court reserved its order on how spectrum held by Aircel and Reliance Communications (RCom) will be treated under their insolvency proceedings. The decision will bring clarity on whether spectrum can be sold to recover dues. Mint. explores.

time to read

2 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

‘Rise in earnings can bring FIIs back, elevate India’s global standing’

It’s still early, but if earnings turn around, much of the global underperformance over the past year could well be reversed, believes Trideep Bhattacharya, president and C1O-Equities, Edelweiss MF.

time to read

4 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

The ultrarich are spending a fortune to live in extreme privacy

When developers Masoud and Stephanie Shojaee dined out recently, they headed to the members-only section of MILA restaurant in Miami Beach, Fla., where they were whisked to a table already bearing their favorite cocktails and chopsticks engraved with their names.

time to read

5 mins

November 17, 2025

Mint New Delhi

Mint New Delhi

Satellite internet firms may see fee cut for remote areas

Discount would apply to 5% annual spectrum charge that DoT plans to levy on the firms

time to read

2 mins

November 17, 2025

Mint New Delhi

Ravindran moves NCLT on TLPL deal

Riju Ravindran has moved the National Company Law Tribunal (NCLT) against the compulsory convertible debenture agreement between Think & Learn Pvt. Ltd (TLPL) anda wholly owned subsidiary of Glas Trust Co., edtech firm Byju’s US-based financial creditor, alleging it to be violative of foreign direct investment (FDI) and Foreign Exchange Management Act (Fema) regulations.

time to read

1 min

November 17, 2025

Mint New Delhi

Resilience spells hope as uncertainty reigns high

As trade-policy turmoil prolongs global uncertainty on an IMF index, we have some bright spots too. India should consider shifting focus from supply-side policies to demand stirrers

time to read

2 mins

November 17, 2025

Mint New Delhi

Urban co-op lenders eye online banking

The National Urban Cooperative Financial and Development Corp. Ltd (NUCFDC)—the umbrella body for India’s urban cooperative banks (UCBs)—plans to request the banking regulator to allow smaller UCBs with net worth below ₹50 crore to offer digital services, including internet banking.

time to read

1 min

November 17, 2025

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