1. BOOSTING SKILLSETS : INCREASING
EMPLOYABILITY AMONGST YOUTH
TEAM DETAILS:
• PRASHANT AHUJA ( team co-ordinator)
• SAHIL NAIN
• RASHMI BHATIA
• RASLEEN SETHI
• ABHISHEK GUPTA
PANCHTANTRA STRATERGY
By a team from Sri Guru Gobind Singh College of Commerce,
University of Delhi
2. “A WINNER IS SOMEONE WHO RECOGNIZES GOD GIVEN TALENTS, WORKS
HIS TAIL OFF TO DEVELOP THEM INTO SKILLS, AND USES THESE SKILLS TO
ACCOMPLISH HIS GOALS”
The shortage of appropriately skilled labour across many industries is emerging as a
significant and complex challenge to India’s growth and future. According to
NASSCOM, each year over 3 million graduates and post graduates are added to India’s
workforce. However, of these only 25% of technical graduates and 10-15% of other
graduates are considered employable by the rapidly growing IT and ITES sector. Hence,
what we have today is a growing skill gap reflecting the slim availability of high quality
college education in India and the galloping pace of the country’s service driven
economy, which is growing faster than the most of the countries in the world.
“IT IS HELD THAT KNOWLEDGE, SKILLS AND RESOURCEFULLNESS OF PEOPLE ARE
CRITICAL TO SUSTAIN DEVELOPMENT, ECONOMIC AND SOCIAL ACTIVITY IN A
KNOWLEDGE SOCIETY”.
3. • No more than 7% of Indians aged 18-25 go to college according to stats
resulting 40% of people being illiterate and hence unemployed.
• Lack of practicability of knowledge leads to less preferences for the
suitable jobs by the organisations, which increases the unemployment.
• Lack of skills results in “JOB-LESS Growth” of the economy.
• The dilapidating education levels in our country is diluting the confidence
of FII’s i.e. Foreign Institutional Investors.
• Less awareness about the vocational courses.
• Hindrance in overall development of the economy.
• A qualitative mismatch where companies do not find graduates
employable even when they have the right qualifications on paper.
• A quantitative mismatch where not enough young people are educated
and trained at certain levels or they out-migrate to countries where they
can earn higher wages.
REPERCUSSIONS
4. • Influence of skills on social and economic outcomes: The survey allows for in-depth analysis of
the relationship between skills and labour-market outcomes as well as between skills, trust,
political engagement, volunteering, and health. Information from the survey, combined with
advanced econometric modeling, can provide insights into how the supply of skills and the
quality of those skills affect economic growth.
• Use of skills in the workplace: The data from the survey can be compared against other
measures of skills, such as occupations and qualifications or diplomas, while differences and
similarities in how skills are used in the workplace can be examined and compared among
countries, industries and enterprises. The data also offer a unique opportunity to develop a
direct measure of mismatch by comparing observed individual skills levels to skills requirements
at work. In addition to shedding light on the under-use of skills, its causes and consequences,
the data will also allow for an examination of the reasons behind skills deficits.
• Developing skills over a lifetime: The survey allows for a study of some of the factors that are
important for acquiring and maintaining skills, and how the acquisition of skills changes over
time. These aspects of skills development can be studied at both the cohort and country levels.
The comparative data on adult learning can also be used to identify international patterns of
who is and who is not participating in adult learning, whether and where the opportunity to
participate is not available to all, and the factors that motivate people to participate. The data
can also help identify adults with poor skills and can also be used to develop strategies to
improve their literacy
6. • Vocational colleges should be open in urban areas where courses like mechanic, construction
work, art. etc can be mastered. Courses like knitting, cooking should be there for women.
• Admission criteria should be simple & with less formalities for its wider reach. Fee should be
subsidized or loan facilities could be provided. Curriculum should focus on practicality rather
than theory. Diplomas or certificate should be given at the end.
• We will have better qualified workers with diplomas(a proof of their quality).
Organizing these workers
• The institutes mentioned above will provide a job opportunity for these workers. These institute
will serve as the intermediate between customers and workers. Customers can file their problems
here, and institute will send employees for help. Just like a company sends his employees for
service. Wages should NOT be fixed, otherwise they will shirk work.
• This will give a sense of recognition to workers and job respect, which would further increase his
productivity and also the respect for job as well as for individual in society.
7. “Education is the manifestation of perfection already present in a man.”
-Swami Vivekananda
• To tackle the problem of job readiness in the Indian IT sector is the
partnership between the industry and academia. The government should
focus on programmes like “CAMPUS CONNECT” to align the education
being given at various colleges with the requirement of the industry.
• The government should bring in initiatives to involve multinational
alliances with academic institutions covering faculty upgradations,
internships, curriculum revision workshops, research incubations
aggregating the architects of new global economy.
.
8. Allowing taxpayers to deduct the costs of education and training for personal income tax
purposes.
Taxing education and training services at a 0% rate for value added tax (VAT) purposes.
Along with taxes , deducting a specific amount at a progressive rate from the income of higher
income groups.
Out of the tax received from every person 0.5% should be allocated to skill development.
Like companies, weighted deduction should be given to all types of business
organisations for allocating their funds for skill development.
9. • “ Tell me and I forget. Teach me and I remember. Involve me and I learn”
- Benjamin Franklin
TRAINING is at the heart of the system that we will build. They bring together individuals,
motivated and working hard to develop themselves ;Employers, investing in their own
success but supporting a programme with wider social, environmental and economic value;
and Government, providing public funding and building the prestige and reputation of the
programme.
• Government should try to ensure the coverage of apprenticeship framework in
“non-traditional” sectors like finance ,marketing as these sectors have a greater scope
in upcoming times.
• Investment in training provides fair returns. The cost to be incurred by an individual for
training should ultimately be shared between employers, individuals and the state
to reflect the benefit each receives.
10. • Small and Medium Enterprises (SMEs) can receive public subsidies to cover part of
the costs associated with organizing learning in the workplace. Specific activities
that are eligible for the funding include study-group activities, creation of study
spaces, high-quality learning programmes, development of learning networks, and
on-the-job training programmes. In Korea, a private or public training provider can
receive public subsidies if it forms a partnership or consortium with SMEs in which
the providers’ facilities or equipment are used to develop skills. Subsidies can
cover the costs of the facilities, equipment and salaries for training personnel.
Government spending on this programme has steadily increased since 2003. In
2009, 78.3 billion won (about USD 69 million) was spent under this programme to
train 231 000 employees at 111 000 SMEs
• Service Learning : It includes voluntary work by the students usually in non-profit
organizations, designed to provide a service while also offering students a learning
opportunity. This idea was originated in Belgium and proved to be highly
beneficial.
11. “THE WORLD’S GREASTEST ACHIEVERS HAVE BEEN THOSE WHO HAVE ALWAYS STAYED
FOCUSSED ON THEIR GOALS AND HAVE BEEN CONSISTENT WITH THEIR EFFORTS”
SWOT analysis i.e. knowing strengths ,weaknesses, opportunities and threats has become very
essential in todays turbulent times. Stress should be laid on helping the youth in understanding the
areas of their interest and eventually excel in the same . There is still unawareness amongst the
educated youth regarding their strengths and weaknesses , their aspirations and goals.
STRENGTHS AND
WEAKNESSES
To know the basic strengths of the
students according to the areas of
their interest. This cloud be done
by the government Counsellors by
various tests through
questionnaires to find the areas
of their interest and help them
grow their careers in the same.
Their weaknesses could then be
converted into strength through
effective counselling sessions.
OPPORTUNITIES
AND THREATS
Counselling can give
opportunities to youth to find
their area of interest and work
accordingly and providing them
with the methods of overcoming
their threats by inducing them to
go into the area or field where
they can perform better and this
would help them in overcoming
their threats.
12. • JOHARI Window (coined by Joseph and Harry Ingham in 1995) is a perfect way to find
out all about skills , abilities and traits related to personality, attitude and behavior
related to non technical skills. It is rather more about soft skills . Johari window is
shown in the diagram given below :
SKILLS Known to self Not known to self
Known
to
others
Not
known
to
others
Arena Blind Spot
Façade Unknown
13. GOVERNMENT ROADS AND PRIVATE VEHICLES
GOVERNMENT AIRPORTS AND PRIVATE AIRLINES
Why not think upon PPP in RAILWAYS?????
The government of India should take up an initiative of bringing PPP i.e. public private partnership
in the railway sector as well. The railways should be broken up with must relationship between the
successor company established by contracts and some through REGULATORY MECHANISM. This
initiative would prove like a golden handshake for both , govt. as well as the private sector.
The PRIVITISATION thus brought in would increase the number of passengers drastically just as in
UK , railways became the safest of all. Public sector transport services are comparatively inefficient
and stake on private sectors hand would make the railways more efficient. As a result of this-
1. When private enterprises will bid for the share in INDIAN RAILWAYS this would result in
generation of huge funds for Indian government. This fund will be directly utilized for the
skill development of the needful.
2. Privatization of INDIAN RAILWAYS would create lots of employment opportunities just like
DELHI METRO, which would help in balancing the supply of new skilled job seekers against
current inefficient demand.
14. VOCATIONAL
COURSE SYSTEM
GOVERNMENT
COULD FACE
PROBLEM IN
REACHING THE
MASSES.
EDUCATIONAL
REFORMS
THESE
REFORMS
COULD ONLY BE
BROUGHT
WHEN THERE IS
NO POLICY
PARALYSES AND
TH STEEP FALL
IN THE
CURRENT
ACCOUNT IS
ARRESTED.
TAX REFORMS
RELUCTANCE BY
THE RICH TO
PAY TAX &
LEAKAGES AT
VARIOUS
LEVELS, CANT
GAURANTEEVIA
BILITY OF
SOLUTION. .
.
TRAINING
PROGRAMMES
HIGHER
INVESTMENT
COSTS IN
ADDITION TO
THE LOWER
AVAILABLITY OF
REQUISITE
INFRA.
COUNSELING
STUDENTS MAY
NOT BE ABLE
TO ALWAYS
EXPRESS
THEMSELVES
PROPERLY
15. “IT IS NOT ENOUGH TO BE BEST IN YOUR FIELD,INTELLECTUALLY.
COMPETENCY IS ONLY HALF OF WHAT YOU NEED TO CLIMB THE
LADDER OF SUCCESS. THE OTHER HALF IS THE SOFTER SIDE OF YOU-
IT’S THAT PART OF YOU THAT WILL BE LIKED, ADMIRED, TRUSTED AND
REMEMBERED”
• Skilled employees are valuable, they have practical
experiences and can “hit the road running”.
• Employees become conscientious, good at time-keeping and
share their collective wisdom with the younger staff.
• Skilled people from backgrounds including finance,
administration ,IT, sales, marketing, health businesses of their
employers.
• Skilled employees would yield more productivity with quality
work, this would further lead to economic growth along with
the economic development on a lavish scale.
CONCLUSION
