Can appropriate skilling initiatives rebuild rural India?
Introduction: Half of the Indian population is expected to dwell in the rural parts of the country by 2050 and a significant portion of the rural workforce will contribute to 70% of the national workforce. It points out the pressing need to provide competent skill training and improve its accessibility to the rural youth. According
How have certain industry giants demonstrated CSR through skilling initiatives?
Introduction: With skilling initiatives being held as the primary motivators to contribute a systematic surge in the national workforce, the country has seen numerous stakeholders coming forward and participating actively in them. Various stakeholders like the Government, the corporate organizations, NGOs, social businesses, and others have proved their interest in skill development as they firmly
NSDC & Skills Development Efforts
To date, the NSDC has invested billions of rupees from the creation of tens of thousands of mobile and permanent training centers across India and is operating with 37 partners that are busy. About 266,000 employees have received instruction in these centers so much, of whom around three quarters have secured placement in the industries
Why Indian aviation industry needs skill development?
The aerospace and aviation industry has become one of the fastest-growing industries in our country and as a result, several stakeholders are coming together to join hands for reducing the skill gap while creating job opportunities in different sub-sectors. According to the experts in the field, there is a demand for different models of training
Indian Banks Need Reskilling
The Indian banking sector has undergone a great change in the last 20 years. Since the changes are great so will be the demand for skills in sectors like Banking and Finance. Currently, due to digital transformation, the banking industry needs the latest technological skills. As of now, the banking industry employs some of the
Upskilling country’s youth will open new doors for the economy : CyberSecurity
Introduction: The cybersecurity industry is facing a terrible skill shortage. For years, organizations have been trying to address the extreme disparity in the cybersecurity workforce by recruiting info-security professionals who could save the organization from the concerns of a cyber attack. The cybersecurity professionals are endowed with the perfect skillset to evade any major damage
How can constant skills development boost employment in the post-COVID economy?
Introduction: Technological advancements have perpetually caused a scare to every individual who has been involved in the professional sector. It causes a great deal of anxiety, as they try to adapt to the ongoing change and keep themselves relevant in the job market. It is frightening as more than 90% of the manual jobs have
How can we solve the skilling crisis in Engineering?
“This is a slightly different answer to what I would have given four months ago. Our first priority is protecting our existing apprentices and businesses’ desire to upskill workers in the face of major cost pressures brought on by Covid-19. “We need companies to maintain their commitment to the engineers of the future so that
The skill gap in the building and construction industry
At the turn of the century, as baby boomers are exiting the workforce, the building and construction industry is facing an immense hiring crisis. With millennials comprising about 35% of the workforce, most of the construction companies are striving to make the industry more attractive for the job seekers. The HR reports of a majority
What new skill sets should Indian youth focus on for making India self-sustainable
Skill sets are looked upon as something that boosts the probability of one’s employability. But often the overall importance of exposure in life is often ignored. The present youth of the nation believes that the competition is tougher than ever. What they tend to forget is that the exposure is also higher than ever with
Does India Need a Serious Dose of Skills Development?
The shortage of skilled labor is costing India dearly but the remedies continue to remain uncoordinated and the aspirations of the young generation is a far cry from the everyday reality. The demographic bulge of the nation comprises of millions of young people who are supposed to flood the job market in the next few
What is the status of unemployment in India?
India may pose to be the fastest-growing major economy around the globe but that could hardly mean anything for the people of the nation. With a population of around 130 crores, the majority of the young generation is coping to find a decent job. The rate of unemployment in India was around 5 per cent