India is the world's fastest growing major economy. Yet, it’s struggling to create jobs for its expanding population. According to research, unemployment for those aged 20 to 24 has risen to over 42%. It’s a key challenge for Prime Minister Narendra Modi, who hopes to achieve developed economy status for the country by 2047.

Get the India Edition newsletter by Menaka Doshi for an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise👇
https://www.bloomberg.com/account/new...

00:00 Introduction
01:19 India’s young population
02:09 Informal workers
03:17 Education system
04:52 Political implications
06:42 Modi’s plan

--------
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_...

Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptio...

Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.

Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.

Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.