Yojana Magazine: Issue October 2015

Success does not come through magic. It needs necessary skills to succeed. This universal truth is equally applicable for the young generation. Youth energy can be the driving force for social and economic development of any country provided it is channelized effectively. Skill development and Employment are the best means to mobilize this force. The Indian employers have been struggling with acute shortage of skilled manpower despite India having the largest pool of young population in the world. Reason: Lack of required expertise for specific jobs. As per the Labour Bureau Report 2014, the current size of India’s formally skilled workforce is only 2 per cent. This apart, there is also the challenge of employability of large sections of the conventionally educated youth. The Indian education system has been churning out brilliant minds but lacking in the skill sets required for specific jobs. There is a huge gap between the talent that is coming out of colleges and universities and it’s suitability in terms of scope and standard of employable skills. This crop of English speaking population has the capability to meet the skill requirements of the nation as well as the entire world.

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Courtesy: Yojana Magazine