A really good forenoon to honorable Judgess and my beloved friends.
I am Prakash along with my squad Suprav and Gurupdesh.
Today we are traveling to show on the subject. India’s Skill Development Challenges: Inventing a PPP theoretical account.
“On that beautiful dark. when Pandit Jawaharlal Nehru announced India’s celebrated rendezvous with fate. non merely a state was born but along with it born million hopes and billion beliefs. “
We have trudged along so far 65 old ages through this journey. but still these hopes have non transcended into actions.
India. is still coping with great uneases and hope is still the hapless man’s staff of life.
But. the fact that the existent job has ever been hidden from the existent people is something which is pertinent.
When we talk about India’s jobs at big. corruptness and poorness take the cynosure.
If we dig farther. people will speak about built-in societal stigma or likely the incompetency of politicians.
But. really few know that India is fighting with a challenge of accomplishment development. The challenge so attractively powerful that it can do or even interrupt this state.
Today. we are traveling to speak on this challenge head-on.
Let’s talk about our one bounciness over the rope docket for the today. So. without blowing much of your clip. we will get down off.
India – A Curtain Raiser
India. a state that one time used to lend more than 60 % of the world’s income pre-colonialism. seemingly shrunk itself to embarrassingly lend about 2 % to the world’s income boulder clay independency. However. by virtuousness of its geographic dividend. India lifted itself from the clasps of stagnation and started off to follow the growing trajectory post-independence. Post liberalisation. India started to turn quickly. partially because of the opened economic system and partially because of its demographic dividend. Now. the universe is on the threshold of taking a paradigm displacement once more. India has obviously become the bluish eyed state of the universe and with its of all time beef uping demographic dividend looks assuring to rule the universe economic system in the old ages to come. We are now in a transitional stage when India’s demographic advantage has a batch of offer. As several developed economic systems face challenges of ageing populations. India is destined to be a subscriber to the planetary work force pool. It seems we are girdled up to sit the set waggon of growing. But. things may non be every bit rose-colored as they appear!
And obviously. it is merely the tip of the iceberg and the mammoth job glares underneath.
After a trip to the tip of the iceberg. Lashkar-e-Taibas delve deeper into the iceberg itself. Let’s start off with our first world cheque. challenges of registering skilled work force worldwide. India which boasts of its rich demographic advantage has every bit much as 67 % employers happening it hard to make full the bing occupations with skilled work force holding the desired marketable accomplishments. This presents a inexorable state of affairs wherein states are confronting high unemployment rates at one manus and on the other manus the bing occupation places are kept vacant.
Let us now talk about planetary supply of skilled work force. our 2nd world cheque. The figure shows that at 19. 2 % of its entire population India stands tall with the largest proportion of immature population between the age group of 15 to 24 old ages. The literacy rate of India at 74 % is least among the major states depicted in the figure and unemployment rate the highest.
Let us besides look at the 3rd and the concluding world cheque.
In 2000. the average age of Indian population was less than 24 old ages in comparing with Japan ( 41 ) . Europe ( 38 ) and China ( 30 ) . The statistical disclosure shows that by 2026. about 86 crore people in India. would be in the age group of 15 to 59. Such a great demographic advantage might give any state in the universe a great strategic lever to speed up its economic flight merely by the virtuousness of its work force. But. if expression at this fact upside down. we have to make employment for these immense ball of 86 crore people. The above facts are a blunt reminder that India’s projected demographic dividend can quickly change over into a demographic incubus if marketable accomplishments are non provided to both new work force entrants and bing work force.
We have talked about accomplishment ad nauseam ad infinitum throughout this presentation. Now. Lashkar-e-Taibas us look at what truly skill is? What it means to be marketably skilled and what is this largely proclaimed demand accomplishment breach? They say. “Knowledge is power! “
We say. “Applied Knowledge is that power so! “
Skill is a step of the expertness and specialisation acquired by a individual. A accomplishment may or may non give one support. A marketable accomplishment on the other manus is the incarnation of a practical expertness along with a hands-on specialisation. A marketable accomplishment is what employers are looking for in the labor market. Therefore. a marketable accomplishment can supply you livelihood certainly.
So. whenever the employers don’t find marketable accomplishments required for their occupations. they keep their occupations unfilled. At the same clip. many people eager to fall in the work force happen them unequipped with the needed marketable accomplishments. This state of affairs is popularly termed as “Need Skill Gap” .
Marketable accomplishments have become so important in the present context for India. Lets us see why.
Indian work force is chiefly categorised into two sections. unorganised and organized. Unorganized employment refers to the type wherein employees are non facilitated by any security or insurance benefits. They are largely contract based occupations. Organized work force on the other manus enjoys the employee benefits like societal security and insurance and therefore is largely better off than their equals in unorganised sectors.
There is another term called unorganised and organized sectors. The unorganized sector comprises of endeavors engaged in fabrication or services which are unincorporated. It is estimated that around 93 % of the Indian work force is deployed in unorganised sector. including both self employed and employed. The figure shows the proportion of unorganised work force in different sectors. Statisticss starkly suggest that merely 2. 5 % of Unorganized worked in officially skilled and 12. 5 % of it is informally skilled. Therefore. a mere 15 % of this immense work force is trained in either signifiers. But. 85 % of unorganised work force has non even been trained at all!
The research study from NSDC ( National Skill Development Corporation ) suggests that there is a immense disagreement in India every bit far as the impartment of accomplishment is concerned. Let’s talk the five of import properties.
1 ) Age 2 ) Gender 3 ) Economic Background 4 ) Education Level 5 ) Location Age: Contrary to general belief. it is the new entrants into the market who are less likely to possess marketable accomplishments. Gender: A work forces is more likely to acquire trained officially than a adult females at big. Economic Background: Workers with hapless economic background are condemned to unskilled employment environment with small upward mobility. Education Level: Workers with low degrees of instruction find it hard to entree formal accomplishment development ecosystem due to education degree entry demands. Location: Urban young person is more likely to take part in organized sector employment and formal accomplishment developing every bit compared to the rural young person. In a nutshell. if you are urban based and have education degree of secondary and above plus you belong to a basic economic threshold and you are male so you have a really good opportunity to acquire officially trained in accomplishment development. A Ray Of Hope In Disguise
The most recent World Bank study shows that for the twelvemonth 2011-12. India has topped the universe in footings of one-year remittals sum to be received. It truly augurs good for the economic system where in malice of holding a immense need-skill spread. work force promises to gain wealths for the state. We can merely inquire how much the full work force could gain for the state if they are equipped with marketable accomplishments.