<ul data-eligibleForWebStory="false"><li>The government is focusing on employment metrics, with a decrease in youth unemployment from 17.8% to 10.2% compared to global average of 13.3%.</li><li>The ₹1 lakh crore Employment Linked Incentive (ELI) scheme is aimed at generating 3.5 crore jobs, including for 1.9 crore first-timers, starting from August 1.</li><li>A comprehensive national framework for Global Capability Centers (GCCs) is being formulated to enhance growth and expand their base as India shifts to an innovation-driven economy.</li><li>The government officials highlighted India's infrastructure, talent strength, regulatory environment, and readiness to address industry concerns to position India as a global GCC hub through proposed policies.</li></ul>

Centre begins formulating a comprehensive national framework for GCCs

Discover more