-
Kenya's economy faces climate change risks: World Bank
-
Brazil lowers benchmark rate to 14.5% in second consecutive cut
-
Google-parent Alphabet soars as rivals stumble over AI costs
-
Anti-Bezos campaign urges Met Gala boycott in New York
-
African oil producers defend need to drill at fossil fuel exit talks
-
'Gritty' Philadelphia pitches itself as low-cost US World Cup choice
-
'I literally was a fool': Musk grilled in OpenAI trial
-
OpenAI facing 'waves' of US lawsuits over Canada mass shooting
-
Ticket price hikes not affecting summer air travel demand: IATA
-
Uber adds hotel booking in push to become 'everything app'
-
Oil spikes while stocks slip ahead of US Fed rate decision
-
Canada holds key rate steady, says will act if war inflation persists
-
Trump warns Iran better 'get smart soon' and accept nuclear deal
-
US Fed chief's plans in focus as central bank set to hold rates steady
-
German inflation jumps in April as energy costs surge
-
UBS first-quarter profits jump 80% on investment banking
-
Finnish lift maker Kone acquires German rival TKE, creating giant
-
Diving robot explores mystery of France's deepest shipwreck
-
Much-needed rains revive Iraq's fabled Mesopotamian Marshes
-
Adidas reports higher profits but warns of 'volatile' climate
-
TotalEnergies first-quarter profits surge amid Middle East war
-
King Charles to stress UK-US cultural, trade ties in New York
-
Mercedes-Benz profit slides amid cutthroat Chinese market
-
Cheaper, cleaner electric trucks overhaul China's logistics
-
Europe climate report signals rising extremes
-
An experimental cafe run by AI opens in Stockholm
-
Jerome Powell: Fed chair who stood up to Trump set to finish tenure on top
-
Pentagon makes deal to expand use of Google AI: reports
-
France unveils plan to ditch all fossil fuels by 2050
-
Crude back above $110 on Strait stalemate as US stocks retreat
-
Germany holds breath as stranded whale 'Timmy' sets off in barge
-
King Charles urges Western unity in speech to US Congress
-
US Supreme Court hears Cisco bid to halt Falun Gong suit
-
Reynolds jokes 'defibrillator' needed to watch new 'Welcome to Wrexham' series
-
Ex-NBA player Damon Jones pleads guilty in gambling probe
-
Nations kick off world-first fossil fuel exit talks in Colombia
-
Airbus profits slide as deliveries drop
-
Will fuel shortages ruin summer vacations?
-
Monk ends barefoot Sri Lanka trek with a dog and plea for peace
-
German bid to rescue 'Timmy' the whale passes key hurdle
-
US Fed expected to keep rates steady as Iran war effects ripple
-
UAE pulls out of OPEC oil cartels citing 'national interests'
-
Banking giant JP Morgan becomes Olympics sponsor
-
Croatia, Bosnia sign major gas pipeline deal
-
EU lawmakers back blockbuster long-term budget
-
Indian billionaire's son offers home for Escobar's hippos
-
BP reports huge profit rise in first quarter
-
Crude extends gains, stocks drop as Trump considers latest Iran proposal
-
How China block of AI deal could stop 'Singapore-washing'
-
Crude extends gains as Trump considers latest Iran proposal
Educated and unemployed: India's angry young voters
At a run-down job centre in the suburbs of India's financial capital Mumbai, 27-year-old Mahesh Bhopale dreams of a well-paid government post -- just like millions of other young, unemployed graduates.
As the world's most populous nation readies for general elections that begin April 19, politicians face a sobering reality. India is the fastest-growing major economy, but there are still not enough white-collar jobs for its educated youth.
"Our only way out of this life is to get a government job and get good benefits," said biology graduate Bhopale. "That will help us get married and start a family."
He has eked out a living in part-time jobs ranging from a tailor's assistant to a nighttime security guard while cramming for gruelling civil service examinations.
Coming from a farming village to the big city seeking work, Bhopale said he lacked the contacts to push his application in the private sector.
"A government job is the best kind of job," he said. "Educated people from villages like us can't get high-paying private sector jobs."
He isn't alone. The International Labour Organization estimates 29 percent of India's young university graduates were unemployed in 2022.
That rate is nearly nine times higher than for those without a diploma, who typically find work in low-paid service or construction jobs.
- 'Demographically expanding' -
Over half of India's 1.4 billion people are aged under 30, according to government health figures.
"Jobs are not rising as fast as the potential workforce is demographically expanding," said development economist R. Ramakumar, from Mumbai's Tata Institute of Social Sciences, noting many of the new jobs being created are in farming.
"That is one reason why you see a large number of applicants for a small number of positions in government jobs," Ramakumar said.
It also explains the "urge of people to go out of India through illegal channels", seeking jobs in the United States or Canada, he added.
Prime Minister Narendra Modi, who is widely expected to win a third term in the upcoming elections, points to his success in convincing global tech giants like Apple and Dell to set up in India.
But critics say this has not translated into the millions of manufacturing jobs that people demand.
The World Bank warned this month that India -- like other South Asian nations -- was "not creating enough jobs to keep pace with its rapidly increasing working-age population".
South Asia is failing "to fully capitalise on its demographic dividend", said Franziska Ohnsorge, the bank's regional chief economist, calling it a "missed opportunity".
Many young Indians say they have no choice but to join the frenetic race for government jobs, prized for their decent pay, benefits and security.
Competition is intense.
State-run Indian Railways, for instance, receives millions of applications for hundreds of thousands of mid or low-level jobs.
Ganesh Gore, 34, said he had tried and failed the civil service exam five times.
"No party or politician helps us out," said Gore. "They are sitting there to eat money."
In 2022, after the government switched some permanent military jobs to temporary contracts, violent protests erupted, with people setting railway trains on fire.
Riskier jobs also find many takers.
Earlier this year, thousands queued to submit applications for jobs in Israel after labour shortages sparked by the war against Palestinian militants in Gaza.
- 'Millionaires and billionaires' -
India overtook Britain in 2022 to become the world's fifth-largest economy, and grew at a robust 8.4 percent in the October-December quarter, helped by a surging manufacturing sector.
But many young people say they are frustrated by a lack of opportunities.
In December 2023, protestors hurled smoke canisters into parliament while shouting anti-government slogans to highlight unemployment.
Saraswati Devi, whose daughter Neelam was arrested after the protest, said she was distraught over her inability to find a job.
"She is highly qualified, but wasn't getting a job.... she often used to say that 'I should just die as despite studying so much, I am unable to earn two meals,'" Saraswati told local media.
But it remains unclear if anger at unemployment will translate to voters turning from Modi's ruling party.
A March survey of students in the capital Delhi found only 30 percent blamed Modi's government for high unemployment rates, according to the Delhi-based Lokniti-CSDS research centre.
But some like Gore, smarting from his latest exam failure, see politicians as the tools of the mega-rich.
He believes they are profiting from national growth without supporting the wider country.
"The country is run by the handful of millionaires and billionaires," said Gore. "So politicians don't have much sway."
M.García--CPN