Exploring Job Options After Layoff: Should I Accept Lower-Paying Roles?

I recently got laid off from my role at a signal processing company where I worked for 1.5 years. I'm 26 years old and hold an M.Tech from NIT, but I feel like my skills are very specific to my previous job. The only transferable skill I have is C++ coding. I've started applying for new positions but have only been getting calls for software jobs that offer salaries between 6 to 9 LPA, which is significantly lower than my current CTC of around 15 LPA. Given the current job market, I'm considering whether I should take the risk of applying for these lower-paying roles just to stay employed, especially since there aren't many opportunities in the signal processing field in India right now. I know I need to prepare a lot to interview for software positions outside of my expertise. I'm looking for advice on whether it's worth it to take a lower-paying job while continuing to search for better opportunities. Any suggestions on the best course of action?

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