India is aiming to become a $5 trillion economy and enjoys a strong advantage of a vast and young demographic that stands at a crossover of digital leap. By 2023, 70 million more people will have entered India’s workforce (data from the Periodic Labour Force Survey (PLFS) 2017-2018. Unemployment concerns have shot up in India of late due to the Covid-19 pandemic.
According to Dr. Bhaskar Chatterjee, former secretary, the government of India, promoting education, special education, employment-enhancing vocational skills is the need of the hour and our law. Difficulty in skilling, re-skilling, and employment are some of the challenges we need to address. The government must now act as a facilitator and encourage corporates to go more into skill development. We also need to meet the dynamic needs of the employers by offering flexibility in the courses being designed, certifications being offered, and the way we train our resources. The need of the hour is to tap into technology to leap-frog youth of today into employability. Read more.