Lack of appropriate skills is one of the main reasons for unemployment. This leads to a lack of job satisfaction and salary. Organizations are arranging on-job training programmes for reskilling and upskilling their employees.
They are trained in new-age technologies such as AI, ML, data analytics, and blockchain. However, they also face issues related to cost and time, the applicability of the skills, and the ability to motivate the employees to take up the courses. NASSCOM has come up with the ‘Future Skills’ program, focused on over 150 skills, with more than 70 of them are technology-related roles including AI, blockchain, RPA, and so on.