There are primarily two reasons of unemployment in India:
Incomplete, Defective and abstract education.
Inadequate economic development as a result of which enough jobs are not created.
Regarding education- its syllabus, standard, methods, style, as well as new disciplines huge research work is continuously being carried out all over the world.
It has been observed that educational system by and large is devoid of creativity and innovation, imagination and self development, communication skill both written and oral which ultimately create educated unemployment.
What is needed is further investment, new innovation, new institutions, new projects etc. where millions of people can get employment.