Are jobs in India pulling people out of poverty? ft. Manish Sabharwal

From the macro to the micro and everything in between, in this episode of Decoding Impact, Manish Sabharwal illuminates the economics of India's current job market and the systemic levers needed to thrust India into grasping its full potential as an economy, society and nation. As one of the foremost experts on India's job market and the plight of Education in India today, Manish shares his expert insights, critical frameworks, and orbit-shifting views on how India can address its challenges at scale across its diverse geography, complex beaurocracy, and challenging education system. Some of the key insights he shares with host Rathish Balakrishnan include: • India does not have an unemployment issue, but a wages issue & there are five key levers where this can be addressed • However, across these five drivers regulatory cholesterol is a key limiting factor to India's labour market • Addressing the discrepancies between formality and informality means solving for poverty • Moving beyond the current drudgery in education requires five key design principles • Apprenticeships need to play a more significant role in how India is skilling its future workforce • We need clarity of vision in what education is giving children in India, which includes the traditional three "r's", but also important soft skills Manish elucidates each insight with clarifying data and global comparisons to ground the Indian story of where our labour market is today, and where it could be in as little as five years time with certain critical changes. Tune into the latest episode from season three of Decoding Impact today! Manish Sabharwal is is Vice-Chairman of TeamLease Services, one of India’s leading staffing and human capital firm. Additionally, he co-founded India Life, an HR outsourcing company in 1996, and is a member of the National Skill Mission, Central Advisory Board of Education and has served on various policy committees for education, employment and employability.