0
Skilling India
Issues, Challenges and Opportunities




          Hotel Taj Palace
            New Delhi
         October ...
Background

•India
    – GDP 1 trillion; Double in next ten years
    – Why doesn’t it feel right? Growth vs. Poverty


• ...
Human Capital
• Learning's
    – Reforms lifts all boats but some reforms makes boats seaworthy
    – Radical Revamp of 3E...
What is the problem?
                            Poor Education Regime


                                                 ...
What is the problem?
                       Poor Employability Regime

Financing vs.
 Outcomes                            ...
What is the problem?
                           Poor Employment Regime


  Employment
Elasticity; labour                  ...
Why are these related and urgent?
                             India


Lopsided GDP;                                      ...
Questions
• Employers
    •   Getting a return on investment; 3 holes
    •   Free rider problem
    •   Is manufacturing ...
The Agenda

                         Matching


                                                   Exit
   Employment     ...
The Agenda

                          Mismatch



Separate Repair
 from Prepare;                                   Use stu...
The Agenda

                       Mismatch




Create Asset Bank                           Activate NSDC




      Perfor...
The Agenda

                         Mismatch



 Job Framework;                                Enforce operating
   Redo ...
The Agenda

                          Pipeline



Quantity vs. Quality                             Regulatory
       SSA  ...
Reflections - Public Policy Campaign
• Binding Constraint; 30% of time

• Challenges
   – No MOE; politicians one-innings ...
Closing Thoughts

• India
   – WSJ  in 1994
   – Unique Time in India
   – Missed tryst with destiny; 300 million
   – Sin...
Skilling India
Issues, Challenges and Opportunities




          Hotel Taj Palace
            New Delhi
         October ...
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Microfinance India Summit 2009

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Microfinance India Summit 2009

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Transcript of "Microfinance India Summit 2009"

  1. 1. Skilling India Issues, Challenges and Opportunities Hotel Taj Palace New Delhi October 28th, 2009
  2. 2. Background •India – GDP 1 trillion; Double in next ten years – Why doesn’t it feel right? Growth vs. Poverty • Five Labour Market Transitions – Farm to Non-Farm – Rural to Urban – Unorganized to Organized – Subsistence self-employment to Decent wage employment – School to Work • Context – People supply chain company out of inventory; open positions, Jaipur – Market failure – Population repackaged
  3. 3. Human Capital • Learning's – Reforms lifts all boats but some reforms makes boats seaworthy – Radical Revamp of 3E’s (Education, Employability, Employment) • Three Problems – Immediate Matching Connecting Supply to demand – Medium Term Mismatch Repairing Supply for demand – Long Term Pipeline Preparing Supply for demand • Innovation at Intersection – Public, Private, NGO – Financing, Delivery, Certification – Education, Employability, Employment
  4. 4. What is the problem? Poor Education Regime Architecture; Low penetration Delivery of education Systems Low/ Uneven Not work returns to ready; BA education 10+2+3; Quantity vs. Few on/off Quality trade-off ramps, Multiple intelligences Regulatory; Accreditation heavy but outcome light
  5. 5. What is the problem? Poor Employability Regime Financing vs. Outcomes Market Financing vs. Failure Delivery Centre Repair different regulates but from Prepare; 6mo state delivers Apprentices; Not self- Learning by healing; NOC doing/ while code mismatch earning Entry Gate/ Exit gate
  6. 6. What is the problem? Poor Employment Regime Employment Elasticity; labour Unions; Minority Saving bias rule No Backpack Missing Middle; Benefits hero/ zero? Defunct Unorganized Employment Sector Exchanges Subsistence self- employment
  7. 7. Why are these related and urgent? India Lopsided GDP; Equality of agricultural opportunity; productivity Naxalites? Inability to Next 10 years; afford social 1/4 security Geography of Labour market work; 6 lac, Outsider Access Blr vs Manipur Migration; People to Jobs
  8. 8. Questions • Employers • Getting a return on investment; 3 holes • Free rider problem • Is manufacturing employees a core or non-core activity? • Private Trainers • Is the business model sustainable with yield? • Unpack; financing vs delivery, focus? • NGOs • Self-employment • Inch wide mile deep vs. mile wide inch deep; focus? • Baby vs Dwarf • Public Policy • State vs Centre • 19 ministries vs 2 human capital ministries • Moving from outlays to outcomes
  9. 9. The Agenda Matching Exit Employment Gate; Credible Exchanges; Career certification, Centres, PPPs Signaling Apprenticeships; Entry gate; Jaipur mela, Assessment blending Employment Intensity; labour laws
  10. 10. The Agenda Mismatch Separate Repair from Prepare; Use students as 3 kinds of financing vehicles Unemployability Measure and publicize outcomes; Separate financing Information from delivery Asymmetry Link financing to outcomes; pay for yield
  11. 11. The Agenda Mismatch Create Asset Bank Activate NSDC Performance Financing Management Innovations Using Technology for scalability, consistency, support
  12. 12. The Agenda Mismatch Job Framework; Enforce operating Redo NCO, principles Curriculum vs. ICP Ramp state skill Ramp MES missions Tweak ITI PPP policy, New scheme
  13. 13. The Agenda Pipeline Quantity vs. Quality Regulatory SSA Revamp Learning for English; earning; Windows, Migration 6 mo vs 15 years On & Off Ramps, Fungibility
  14. 14. Reflections - Public Policy Campaign • Binding Constraint; 30% of time • Challenges – No MOE; politicians one-innings game, bureaucrats too small/big – “Distributional coalitions”; Unions, Status Quo – Concurrent list vs. Delivery systems; 1 PM vs 10 CMs? – Unwillingness to make 2nd best choices; price, excellence, quantity – Reform not good politics yet; know about reform • Learning's – Satyagraaha argument works; Million negotiations of democracy, CNBC – Solution not in Totalizing or Micro-fragmenting – No. of statistically independent tries; Policies and Projects, Private and Public, Financing and Delivery, Thinking and Doing; Woody Allen – Private sector cannot substitute for state; ISB, State cant do everything – But public policy is key; seen Government in 4 roles – Strategy; Akbar’s Horse
  15. 15. Closing Thoughts • India – WSJ in 1994 – Unique Time in India – Missed tryst with destiny; 300 million – Sins of Omission vs. Commission – Change in democracy? • Way Forward – Move into execution; all ideas on table – Resource question overrated; not more cooks, end stereotypes – Unique entrepreneurial opportunity, triad – Daily spectacle of tragedy; losing their future – Talk in third person. Who? When?
  16. 16. Skilling India Issues, Challenges and Opportunities Hotel Taj Palace New Delhi October 28th, 2009
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