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TRANSCRIPT
BOOSTING SKILLSETS
INCREASING THE EMPLOYABILITY OF
YOUTH
“All your life you have been told , you are a golden prince , the future awaits , its bright its yours , you have a degree, you have
a good job, a fine life & suddenly you find its not true”
THE PROBLEM OF EMPLOYABILITY IN INDIA
India has the largest youngest population
in the world however it is also the most unemployable population.
57% of India's youth suffers from some
degree of unemployability while 53% of the employed youth lacks specific skill sets.
Unemployability leads to stagnancy both
in the economy as well the I.Q. of the youth which deteriorates the E.Q. as well.
Thus there arises a need to increase the
skill sets of the Indian youth to make them employable.
Enhancing employability
Industry
ACADEMIA
CURRENT STATISTICS
0% 20% 40% 60% 80% 100% 120%
engineers
general
graduates
employable
Approximately 75 to 80 million jobs will be created in India over the next 5 years ;75% of these new jobs will require occupational training to enhance the employability rapport. 90% of the current jobs in India are skill based and require vocational training but only 6% of the population receive any vocational training.
Unemployable youth
No motivation and lack of innovation
Stagnancy (youths point of
veiw)
Frustrated youth and rise
in the crime rate
Stagnancy in the economic
growth
Fall in the
overall GDP
E
M
P
L
O
Y
A
B
L
E
Y
O
U
T
H
Employable youth
Motivation and innovation
Progress (increase in EQ and IQ )
Satisfied youth and reduced crime rate
Economic growth
Rise in the
employment
and GDP
SCOPE OF THE PROBLEM IN HAND
REASONS FOR SELECTING THE TOPIC
We being a part of the youth feel lost when we think about what lies in our near future.
Thinking about the future finding a job has become matter of survival not just affecting us but the world economic ground.
Often lack of skill sets leads to problems like underemployment and disguised unemployment and many more to follow.
Reasons for
Unemployability
Poverty Lack of skill
sets Outdated education
PROPOSED SOLUTIONS
• Encouragement of vocational training from grass root levels
• Implementation and use of the CCE system of education in all
state and central education boards.
• Demand driven short term training courses
• Internships for exposure from higher school level
• Educate and update the youth about technological advancements
• Determining fee structure of secondary and higher education
(keeping in mind the income of people)
• Lowering of cut offs, implementation of JEEs and even
considering co-curricular performance for admissions in all
courses.
• Introduction of a new plan EAP explained later.
EMPLOYABILITY AWARENESS PROGRAMME (EAP)
After research and planning we have come up with this new plan EAP which deals with the employability of
youth.
If the government enters into a partnership with the private bodies. Wherein the government directs the
inefficient youth and funds to the private institutes and they in exchange train and increase the skill sets
of the youth. This will increase the employability of youth and employable youth when employed will
increase the GDP and economic growth of the country.
GOVERNMENT
PRIVATE INSTITUTIONS
EMPLOYABLE YOUTH
Increase in GDP
Economic growth Inefficient youth
and funds
Resources and scientific
training
SOURCES OF FUNDING We propose the introduction of a new plan or
fund called the YOUTH
EMPLOYABILITY FUND(YEF) which
would be solely responsible for the funding
of EMPLOYABILITY AWARENESS
PROGRAMME(EAP).the funds and the
resources required for this programme
would be allocated to this programme.
The funding for this project should be directed
by the government, it can be sourced from
the budget allocated to the ministry of
education. The private institutes are to
provide with the infrastructure and skilled
human resources in the respective fields. In
return the government is to provide the
private institutes with land and other
subsides.
GOVERNMENT
PRIVATE SECTOR
Funds and
resources
subsidies
Infrastructure
For training of
the unskilled
IMPACT OF ENHANCING EMPLOYABILITY
Global Competiveness Surplus of 47m skilled
individuals
Economic growth
Workforce will add 2% points to India’s per capita GDP
over 2 decades
Poverty reduction 70%
reduction in poverty by
2025
Productivity and income
$2900 increase in per capita income
by 2025
Ability to adapt to changing
circumstance
Motivated and
confident with
negotiating skills
Increase in creativity
and innovative
skill
More scope for
employment
Governments point of
veiw
Youths point of veiw
MITIGATION
• Regular monitoring by the government and continuous check tests which bring out flaws and deviations if any
Improper execution of
proposed solutions
• Minimum fee from all the applicants for the training for the funding if the programme
Lack of funds
• Widespread awareness of the benefits of the CCE structure of education
Difficulty in implementation of the programme in every
education board of the country
Appendix
APPENDIX www.darsa.org
www.topnews.in
www.piford.com
www.indiatimes.com
www.thetimesofindia.com
www.ilo.org
www.salto-youth.net
COLLEGE NAME : AMITY UNIVERSITY NOIDA
PARTICIPANTS : AMOLI KAR
PAROMA BHATTACHARYA
SANIYA ROY
RAGHAV CHHABRA
RADHIKA KISHORE