NEW DELHI: India’s unemployment rate is 2%, which is the lowest among the G20 nations, Union Minister for Labour & Employment and Youth Affairs & Sports Mansukh Mandaviya has said while quoting the World Economic Forum’s ‘The Future of Jobs Report 2025’.
Addressing a gathering at the signing of Memorandums of Understanding (MoU) between Ministry of Labour & Employment and ‘Mentor Together’ and ‘Quikr’ for enhancing employment opportunities as well as youth employability on the National Career Service (NCS) Portal in New Delhi, Mandaviya highlighted how employment generation has taken place across sectors in tandem with India’s rapid economic growth, and underlined the enabling government schemes that have contributed towards the same.
The MoU was signed in the presence of Union Minister of State for Labour & Employment Shobha Karandlaje.
“The National Career Service (NCS) platform, with nearly 52 lakh registered employers, 5.79 crore job seekers and over 7.22 crore vacancies mobilised, is now evolving to offer not just job listings, but as a one-stop solution for all employment-related services. Currently, there are over 44 lakh active vacancies on the portal. Over the past year, the Ministry has signed MoUs with ten key organisations, including Amazon and Swiggy. These partnerships have already mobilized nearly five lakh vacancies,” Mandaviya said.
Dr. Mandaviya said that the government had announced a package of five flagship schemes with a budget of ₹2 lakh crore to support employment, skilling, and opportunities for 4.1 crore youth.
A key highlight of this package is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), with an allocation of ₹99,446 crore, aimed at incentivising the creation of over 3.5 crore jobs in two years, of which 1.92 crore will benefit first-time entrants to the workforce.
Opportunities. Guidance. Growth.
Today, @NCSIndia signed MoUs with @mentortogether and Quikr to enhance job access and career guidance for our Yuva Shakti. Through this, Mentor Together will offer expert mentorship and career guidance, while Quikr will bring 1,200+ daily job… pic.twitter.com/nFwWNSZcF2
— Dr Mansukh Mandaviya (@mansukhmandviya) September 8, 2025
The Minister underscored the importance of employment creation through the growth of services, manufacturing, and agriculture, noting that the Government has launched transformative schemes such as MUDRA and PM SVANidhi to promote self-employment and entrepreneurship.
Shobha Karandlaje said the NCS has emerged as India’s premier platform for digital employment facilitation, offering job matching, counselling, and skilling at one place. “This partnership will not only facilitate our young people in securing employment, but also make the right kind of handholding available to them,” she said.
The partnership with Mentor Together is expected to reach two lakh youth in its first year, including one lakh from NCS and one lakh Pradhan Mantri Viksit Bharat Rozgar Yojana entrants, delivering personalized career mentoring with city- and district-level outreach.
It will also enable first-time job seekers, particularly those from underserved backgrounds, to access personalized guidance from over 24,000 trained professionals.
The MoU renewal with Quikr aims to strengthen the employment ecosystem by integrating over 1,200 daily job listings across 1200 plus cities from Quikr Jobs into the NCS portal. This collaboration will expand real-time access to job opportunities for millions of seekers, especially from rural and underserved regions.