40 million new roles but only 30% in services: How India’s services sector boom hides a looming jobs crisis

India’s booming services sector, contributing over half of national output, faces a reality check. Despite job growth, employment remains largely informal and low-paying, creating a paradox of strong output without quality jobs. Regional and gender disparities are stark, with a growing mismatch between education and job quality, demanding targeted policies for inclusive growth.

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