I agree inflation is everywhere, Recession is going on ,AI is here to help you increase your productivity or to eat some of the jobs too , Many Indian expats are returning to India , at the same time many of them are also giving up Indian citizenship, i know tech is booming in India but on the other hand we became the most populous country in the world , unless you are from top IITs Nits and iiits or top B-schools , it's very difficult to secure good headstart at entry level in such a competition, although in the long run experience matters but it's really difficult to secure good entry level jobs so what you will suggest:-
1.Keep on fighting in such a pool of applicants in govt job , other entry level jobs with Tier 1 candidates or in cat for tier 1 b schools(according to me tier 2 and tier 3 b-schools aren't worth the time and money) as a GEM
- Go for masters abroad in a good university within 1 year or 2 , live frugally for 2-3 years there , earn good money , repay the education loan( if taken) , save for 8-10 years and then return to India to either diversify the sources or invest smartly