The returns from education in India’s job market

Data show that while the earnings premium at higher levels of education has gone up sharply during the 21st century, the premium at lower levels of education has not. Photo: Mint New Delhi: The returns from education in India’s job market have climbed steeply since the turn of the 21st century, an analysis of the three rounds of the quinquennial employment survey by the National Sample Survey Office (NSSO) show. In 1999-2000, a graduate would earn 2.4 times the salary drawn by workers who had completed their schooling till class VIII.…

Read More