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  1. 1. In India, Unemployment rate has increased from 8.8%(2002) to 9.9%(2012)  According to a 2012 Talent Shortage Survey by Manpower Group,48% in India reported difficulty in filling key jobs.  Mr. Makarand Khatavkar, Managing Director and Head of Human Resources for Deutsche Bank Group in India, notes a widely- reported statistic that only about 25% of India’s 3.7 million college graduates each year are considered work ready for the country’s booming technology sector.
  2. 2. AROUND 75% OF TECHNICAL GRADUATES AND 85% OF GENERAL GRADUATES ARE UNEMPLOYABLE  According to a survey conducted by FICCI-Ernst &Young Paper,about 80% of the Indian workforce does not possess identifiable marketable skills. Interpretation: Proper Training is not provided to the graduates.  According to S.Ramadorai ,advisor to the Prime Minister in National Skill Development Council ,Only 5%of India’s labour force in the age group 19-24 years is estimated to have acquired formal training Interpretation: Lack of specialized skills among productive youth.  Human Resource Development Minister Kapil Sibbal said that since there was an acute shortage of labour at Tier 2 and Tier 3.It is anticipated that by 2020,about 220 million students will pass out from school,out of which,about 150 million will not enroll for college education. Interpretation: This young talent needs to be motivated for vocational education.
  3. 3. Collaboration of government with industries and extensive industry based training in colleges is an innovative initiative that will bridge the skill gap Extensive industry based training in colleges FEASIBLE TRAINING AS PER THE REQUIREMENT OF CORPORATE SECTOR EXPERT TRAINERS HIRED FROM VARIOUS INDUSTRIES INCLUDING RETIRED SERVICEMEN AND EXECUTIVES,WHO WILL GIVE THE IDEA OF,WHAT THE INDUSRTY NEEDS A change in curriculum to incorporate the industrial requirement for each professional course. How to implement? Regular industrial visits on weekly/monthly basis. Field-wise categorisation of industries which are to be visited. Credits should be given on the basis of practical work , projects etc. The practical works should be made mandatory for colleges to be recognised by UGC and government should provide fund for training in various colleges. Ruling out the existing system. Instead of providing trainings to graduates by government(NSDC),it should be provided throughout graduation. There will be a wide coverage(of almost every student in the country) at a very minute cost of just 5.5 crores annually.
  4. 4. CATEGORIZATION OF TRAININGS ENGLISH PROFICIENCY IT / COMPUTER BASED TRAINING NON-IT FACILITATED BY : Professional English training institutes Top Indian IT companies like HCL,TCS,INFOSYS. PSU’s. Top medical institutes. Law firms etc. NUMBER OF INDUSTRIES 500 different institutes. On an average,50 IT companies , covering all institutes. 100 companies of different NON-IT fields. SKILLS FOCUSED 1.Communication skills 2.Management skills. 3.Enterpreneurial skills 1.Basic Computer skills like Office related Soft wares. 2.Computer Languages 1.Manufacturing skills 2.Medical practices 3.Practical knowledge
  5. 5. ESTIMATED COST OF THEWHOLE MODEL WILL BE AROUND 5.5 CRORE PERYEAR Organisation cost(whole panel formation for the same in the organisation) Technology cost(machine set- up cost, software installation cost Transportation cost(industrial visits cost) Coordination cost(collaboration with industries and institutes)
  6. 6. THE IMPLEMENTATION MODEL Government Industries and training centres Government representative Colleges and institutes Students The government representative will be responsible to ensure active participation of the colleges in the system. The government representative will be responsible for collaboration with the training centres and industries. The training centres will provide quality training to the students. The colleges will award credits for the training
  7. 7. CHANGES IN CURRICULUM OF COLLEGES Proposed changes in “UGC” act 30 % of the credits must be given on the basis of practical training.  The practical work should be evenly distributed throughout the degree.  There must be at least 5 industrial visits every semester. Recommended changes in the curriculum  Management and English proficiency courses should be introduced at different levels.  The subjects should be more flexible rather than rigid . A student should be able to choose a subject of interest. Introduction of minor degree that the student can opt for from departments other than his major.
  8. 8. KEY RISKS INVOLVED IN IMPLEMENTATION OF THE MODEL Providing quality training to individuals during graduation to rule out further need of training Providing incentives and other benefits to philanthropists and the business and arts sectors. Developing parterships with industries and emplyment agencies • Lack of Collaboration and systems linkages at all levels. • The availability of a qualified workforce to address the transition needs of youth • Student’s self- determination and self- advocacy. Model Risks Promote collaborative staff development programs. Specific attention to both pre- service and continuing education programs is needed. Incorporate self-determination and career development skills in the general education curriculum. • Some industries prefer to train their interns within the organisation. • Private sector entities are not willing to contribute effectively to Government’s endeavours. • Providing job opportunities to each and every individual is a big challenge. ACCOMPLISHMENT PROBLEMS
  9. 9. This model will be able to impact almost 6 million (3.5 Mn students + 2.5 Mn professionals and retired executives etc. ) people every year along with the thousands of industries all over the country.
  10. 10. APPENDIX References  The World Fact book  international standards from the International Labour Organization (ILO) and the system of national accounts respectively  Employment and unemployment (Labour Force Survey)  International Unemployment Rates and Employment Indexes, Seasonally Adjusted, 2009-2013