A recent conference of Chief Secretaries highlighted a significant "talent shortage" in India, with IT and engineering firms reporting a 63% gap. Data indicates 73% of employed Indians have only basic education, and the youth employability rate is 54.8%. The conference emphasized bridging skill gaps to build 'Human Capital for Viksit Bharat,' noting that increased years of schooling correlate with higher labor productivity. While India has progressed in average schooling years, basic education remains dominant, impacting overall productivity compared to other nations.