1. 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”
2. 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
3. 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.
4. 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
5. 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Outdated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
6. 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.
7.
8. 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
9. 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 EMPLOYABILITYAWARENESS
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
10. IMPACT OF ENHANCING EMPLOYABILITY
Global
Competivenes
s 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
11. 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