Nirmala Sitharaman Addresses India's Employability Challenges

During a recent talk in New York, India's Finance Minister Nirmala Sitharaman emphasized that the country's biggest challenge lies in improving employability among its young workforce, as many graduates lack the skills demanded by employers. She highlighted the government's efforts to bridge this skills gap and equip youth with necessary competencies, particularly in emerging technologies like artificial intelligence. Sitharaman also discussed India's digital transformation, including the success of the Unified Payments Interface (UPI), which has facilitated a shift from cash to digital payments, enhancing transparency and inclusivity in the economy. Additionally, she noted India's commitment to achieving net zero emissions by 2070, with significant advancements in solar energy projects despite lacking promised international funding. Sitharaman's address reflects India's ambition to position itself as a key player in the global economy while addressing internal challenges.