When Binota Gayen bought her rickshaw in May last year, she became the first woman e-rickshaw driver in Govindpuri, Delhi.
Hiring experts and placement offices say that recruiters are increasingly seeking skilled candidates.
This data includes only those institutes affiliated to the main regulatory body – the All India Council for Technical Education – and does not include the IIMs.
An RBI survey found that 40.7% of people in metropolitan areas think the economic situation has worsened, up from 25.3% in the same period last year.
According to the railways minister, the reduction in jobs just shows that more and more young people want to be entrepreneurs.
In both old and new sectors of the economy, lay offs and workforce reductions have been common since 2016.
With the BJP winning in assembly polls on divisive and emotive issues, the government seems convinced all is well with the economy.