The document summarizes unemployment ("BEROJGARI") in India based on a poll of 50 Indian youth. It discusses that official unemployment is around 3.5-9% but is 20% for youth. Key causes are issues with the education system like commercialization and focus on exams, as well as policy and governance problems like corruption and vote bank politics. Solutions proposed include changing policies to support agriculture, opening research institutes, stopping commercialization of education, raising employment awareness, and having companies and government officials increase recruitment transparency and support for entrepreneurs. The plan is to target schools, unemployed youth, and private sector involvement to address the problem.
Investment in human capital are central to development, delivering substantial economic benefits in the long term. However, the benefits of these investments often take time to materialize and their benefits to the society are not always visible, leading to underinvestment in human capital. The Human Capital Index quantifies the contribution of health and education to the productivity of the next generation of workers. Nigeria whose capital index (HCI) is 0.34, has been ranked 152 out of 157 countries in the first-ever Human Capital Index released by the World Bank Group which makes is one of the worse in the world.
Youth are not only the leaders of tomorrow, but also the partners of today. Young people are social actors of change and progress. They are a crucial segment of a nation's development. Their contribution, therefore, is highly needed.
Investment in human capital are central to development, delivering substantial economic benefits in the long term. However, the benefits of these investments often take time to materialize and their benefits to the society are not always visible, leading to underinvestment in human capital. The Human Capital Index quantifies the contribution of health and education to the productivity of the next generation of workers. Nigeria whose capital index (HCI) is 0.34, has been ranked 152 out of 157 countries in the first-ever Human Capital Index released by the World Bank Group which makes is one of the worse in the world.
Youth are not only the leaders of tomorrow, but also the partners of today. Young people are social actors of change and progress. They are a crucial segment of a nation's development. Their contribution, therefore, is highly needed.
Where does the creative thought come from? Is it magic? Is the creative skill a genetic gift for only a few? We all are creative, it is our ability of expressing your creativity that may vary.
Creativity needs a method and the right conditions. Just create the right condition and remove the ugly limits that prevent us from being as creative as we can be.
I'll cover also the design topic of the difference between empty and negative space still from a creative point of view.
Solution Manual Cost Accounting Planning and Control by Matz.Hammer and Usry ...Bushra Sultana Malik
This Solution manual Cost Accounting Planning and Control.
Chapter 3 is not Complete.But The Complete chapter is Uploaded See my other Uploads,Chapter 3 Problems are Available.
Future of Work – Preparing for Disruptions: Indian context
How India is gearing up in Preparations and towards supporting the Workforce??
Introduction :
Changing nature of work has created disruptions, discontinuities as well as opportunities.
This is not seen in some selected countries but across the world, be it a developed country, or a developing country.
Like any other country, India has its own unique set of challenges in preparing and supporting its workforce from a governance point of view.
Take the case of India, thanks to globalization and IT revolution, India became the back office of the world , with “Bangalored”, a euphemism , which signifies job loss elsewhere in the developed economy entering the oxford Dictionary
Governments in pursuit of economic growth love to invest in physical capital
far less interested in investing in human capital, which is the sum total of a population’s health, skills, knowledge, experience, and habits. That’s a mistake many countries made, the case for India was slightly different thanks to “ Nehruvian socialism” in the post-independence era.
In the recent years this has only been further augmented with opening up of the economy further and leveraging of automation/ innovation across sectors. Today India is at the forefront in terms of technical education and English speaking population with the right skills for the global demand in new forms of employment.
While all this is true in terms of progress, for the size of India with a Billion plus population, it is equally disheartening to find that the informal sector has only increased if not lesser with more than 75% of the population still in the informal side with no benefits and protection.
Governments have an important role to play in fostering human capital acquisition.
Fortunately for India since independence significant progress has been made on 3 fronts:
1. Formal Jobs
2. Education access
3. Health care
Today’s governments across the world have a more definite role to play in the area of social inclusion and life long learning facilitation for it’s work force and population as a whole.
with the help of world wide social organisations, Governments, and societies at large. All need to work in tandem, in order to Benefit from the torrential opportunities, thanks to new technologies and disruptive innovations, unseen in the history of mankind, Can lead to prosperity and health for most if not all
2. A BRIEF INTRODUCTION
Based on a poll by about 50 Indian Youth, the seriousness of unemployment, the factors
responsible for it and possible solutions are cited.
Though, unemployment percent in India (Labour) is about 3.5% (Labour bureau
survey, Ministry of Labour and employment, Government of India)
The total unemployment rate is about 8-9 percent in India accounting to more then 10 million
unemployed people. The stats for youth falling under 15-24 years of age is about 20% (CIA
World Factbook)
People are going abroad for higher studies, and many are just following others. Brain drain
can be seen easily. Many of those students are forced to come back to India when they dont
get a job abroad because of various reasons.
Many of my colleagues are also effected. Pursuing higher education on Loans and not getting
a job puts one in difficult situation.
3. THE CRITICAL REASONS FOR
UNEMPLOYMENT
The Major two branches of the “Unemployment” are:-
Education system
Commercialization of the Education:- Teach for money, costlier the education, better it is.
World Class Infrastructure can’t take a lead over quality of education.
Result Oriented Studies:- Students from their early age are told to study and cram things to
score well. Because the score represents where they stand in their class. In future, shortlisting
are based on the marks attained by the students. This is not a Barometer to measure the
capability and knowledge of any student.
Teacher Student Ratio:- Number of folds, the number of students are increasing, on the other
hand, the number of teachers are decreasing relatively. This ratio promises that every student
is under proper observation and kept motivated.
4. Policies and Governance
Corruption:- Biggest bite. Making the world unstable.
Entrepreneurship demotivated:- Government of some states are not supporting new emerging
entrepreneurs. Lot of paper work, formality and policy issues keep the emerging
entrepreneurship biting their nails.
Vote bank politics:- The mother of all problems in Policies and Governance.
6. LETS SOLVE IT.. BUDDY..!
The possible solutions include
To ask the government to change the existing policies or make new policies. Written requests
to be presented in the Parliament for discussion.
Support Agriculture to the fullest:- It will motivate the people who are living in rural areas that
they are connected to urban areas. It will also improve the financial conditions of farmers.
Open research institutes:- It is of great importance that new technological advanced research
centers to be opened to facilitate the new research.
Motivate the students to show interest towards research by providing them monetary support, a
government status symbol, and adequate research facilities at par. Also, MoU signed with other
nations will also play an important role where scientific helps are given and taken.
Alumni sponsored schools and colleges:- It will help in reducing the commercialization of
education.
7. Stop the commercialization of education:- Commercialization can not and should not be
removed in totality. The quality of education should be at par along with good
infrastructure. The government should provide funds and other benefits to the institutes.
Right to education is a fundamental right for every citizen.
Awareness towards various employment opportunities:- Every citizen should know about
the vacancies. It should be posted everywhere and ample amount of time should be
given so that the information circulates.
Private companies open recruitments:- Private companies should recruit in an open
manner instead of going to a particular university and hiring students from there.
Support the youth entrepreneurs:- Government should make provisions and
amendments to support the young entrepreneurs.
Administrative officers, IES officers and the knowledgeable persons (Government
servants) should be appointed as a secretory of a school or college to look out for the
educational development and to teach.
8. THE PLAN FOR THE 2nd PHASE
Starting from 10 schools to know their opinion about certain policies, proceeding to writing to
the parliament for some amendments.
Motivation of Unemployed youth (Target to reach 1000 of them). Making them aware of
various opportunities.
Supporting 10 unemployed youth to be an entrepreneur by every means ( Policy+ Funds+
Manpower)
Contacting 5 MNC’s to work towards unemployment as a part of their Corporate Social
Responsibility and monitor their work.
Rural Team will choose one village and motivate people to involve in agriculture. Tutoring to
be provided in local language on Mixed farming and seasonal farming.
Contacting 10 Administrative officers to volunteer for teaching in Schools 1 hour a week.
(Higher secondary and colleges)
9. THE END
As per the proposal, we believe to employ at least 100 people in various employment
opportunities and.
Motivate the youth to choose research and administrative services.
To dream of something they want to be.
Realizing the MNC’s their role towards education and employment in the nation.