ELIgant signalling, but job creator?

The Government of India's plan to subsidize employment for inexperienced workers is backed by both theoretical and empirical support, with a focus on providing social security and improving long-term job prospects for disadvantaged individuals. This strategy, used by governments for decades, aims to offer work experience and income support, with evidence showing lasting earnings benefits beyond the program's duration. The scheme seeks to bridge the skilling gap for entry-level workers in India but faces challenges related to job creation assumptions, formal economy requirements, and economic conditions.