With mere 10 percent of India’s work force being technically sound, the government of India has taken many steps in various forms to see that the youth get quality vocational skill set to fuel the employment world.
If we talk about the Indian workforce, then it is mandatory to ask about how many men and women are employed and how productive they are?
The available opportunities for them and the up-gradation provisions of the required skill set. Person, enterprises & countries, all seek to develop their skill and invest in it as a future dividend.
Given the mammoth size of its 500 million plus workforce, our country, India, can become the driving agent behind a skills-based economy in the world.
The one challenge that plague India’s chance of becoming the centre & hub of skilled labour force, which is discussed time and again in every important forum is the drastic dearth of technically well-equipped and skilled workers.
A recent survey conducted by the Manpower Group revealed that 67 per cent of India’s employing industries are not able to find resources that match their requirements.
Important to note is that these industries are not facing problem of worker or labours, they are facing crunch of skilled professionals and employees.
Eventually each countries development and growth depends on its people employed and how much productive they are for the respective industry & nation, which largely depends on the skill sets mastered by the work force and how effectively it is used.
Primarily education gives everyone an opportunity for the development of their potential, thus making them eligible for employment.
Vocational skill training provides one to fine tune his core work skills, industry based knowledge and professional competencies, which makes possible the move from education into the world of work.
Despite the Indian economy witnessing growth in the last two decades, the growth has not been in sync, it’s not uniform. Low employment and education level, high dropout cases, lack of guidance and support in vocational training, which can be catalyst in providing high employment rate & opportunities are still widespread.
The unavailability of vocationally skilled workforce is obvious from the differences of demand and supply in the employment sector.
As per the findings of Boston Consulting Group, by 2020 there will be worldwide shortage of around 47 million skilled working force, but India alone will have an eligible working force in surplus i.e. the number of working people in India will be around 56 million.
The age bracket will be 25 – 30. Currently only 10 percent of the youth population of India have proper vocational training. Realizing this under achieved numbers and the potential the Vocational skill set can bring along with it, the government of India has taken many steps in various forms to see that the youth get quality vocational skill set to fuel the employment world.
Skills development courses and training programs improves people’s ability to work & creates opportunity for them at work, offering scope for satisfaction and progress.
Vocational Education is crucial. It is instrumental in making the significant contribution towards economic growth of the underdeveloped countries by providing suitable and sustainable manpower corresponding to the needs of the industry & society both at national and global level.
Access to vocational training and skills development gives way for & opens up the opportunities, benefits of initial & lifelong learning, thus empowering men and women of all ages, in urban and rural areas. It gives them platform to achieve & realize their aspirations of earning livelihood and live a respectable and dignified life.
If students, parents, authorities think in this direction and make required effort in imparting skill based education then it can work as a catalyst for the unemployed labour force of India, making her the key contributor to the skill based work force and economy.
Youths of any country are the most important, vibrant, potentially viable work force. Almost 70 per cent of India’s population is in the age group of 30-35 years.
In general, managerial and technical capabilities Indian’s are on par with the best of the world countries. Despite their phenomenal capabilities and advantage, India’s present is marred with a low vocational education base among the youths.
In comparison to China’s 21 percent, India has just 12.3 percent of skilled labours. In developed countries the proportion is too high i.e 54.6% and the world average is 23.2%.
There is need and necessity of converting the available opportunities into a reality for youngsters & that to on a massive scale and speed in diverse fields like engineering, technology, architecture, pharmacy, management, applied arts & crafts. This can be achieved through vocational education.
According to a report, most of ITIs have seen almost 100% placement on campus despite the uncertain economic scenario.
Apart from the government managed Skill Institutes, the private players are also helping in improving the infrastructure of the existing vocational training institutes; they are bringing in the contemporary course curricula through these centres, well qualified trainers, and tie ups with the corporate for the consumption of the vocationally trained people.
Vocational Course provides the dual advantage of education and skill development at all levels. Through diversified vocational training and skill set India can transform its human resource to productive assets.
Worldwide, Germany is leading in terms of the vocational training system, which is why it has a recession proof economy and its engineering products are desired in the world.
Singapore is now giving great importance to vocational training and is going full steam with it. China is banking heavily on vocational education to solve its skill mismatch issues.
Of late India has also taken vocational route to churn out skilled professionals and achieve the high growth momentum.
For detail and in-depth knowledge about various vocational courses and their future prospects, students can get in touch with the counsellors of CEDP Skill Institute.
A large majority of parents have made the required fee payment up to 75% of the total fees of their respective children and we would like to thank them. Though we have been able to weather the financial storm so far, the situation continues to remain challenging.
Finance your child’s education with this easy-to-avail loan.