EMPLOYMENT GENERATION FOR THE YOUTH

• India's demographic dividend hinges on absorbing ~12 million annual labour-market entrants; "employment generation for youth" is the policy basket addressing this through wage subsidies, skilling, self-employment credit and apprenticeships.
• Nodal ministry: Ministry of Labour & Employment (MoLE); employment data is captured via Periodic Labour Force Survey (PLFS) by MoSPI since 2017-18.
• Flagship 2024-26 instrument: PM's ₹2 lakh crore Package of 5 schemes targeting 4.1 crore youth over 5 years, anchored by the Employment Linked Incentive (ELI) scheme.