Post on 20-Jul-2015
InsideMANY CORPORATES WAITING TO HIRE
OutsideMANY GRADUATES WAITING TO GET HIRED
IIT-BOMBAY IIT-BOMBAY
Getting Our Youth Employment
0
5
10
15
20
25
30
35
40
45
50
India Developed Countries China
% G
ER2010-11
Graduate Enrollment Ratio
30%by 2020
STATISTICS FROM 2010-11 GLOBAL REPORT, OFFICIAL INDIA GER DATA
12%
45%
22%20% as of today
% Unemployment
STATISTICS FROM 2012-13 REPORT BY MINISTRY OF LABOUR AND EMPLOYMENT
4% 4%6%
12%
25%
32%
Not Literate Below Primary Primary Middle/Secondary/Higher
Secondary
Diploma/Certificate Graduate & Above
% Unemployed
Images used are for illustration purpose only
Simple Experiment with Computer Science Graduates
Do you KNOW coding? Do you LIKE coding? LESS THAN
20%LESS THAN
10%EDUCATION
SYSTEM
IS
OUTDATED
SOCIETY
OR
FAMILY
PRESSURE
13.6
11
26
13.5
18.2
14
Brazil Russia India China UK USA
Student Teacher Ratio (Year 2000)
Causes of Youth Unemployment
rough
Faculty (in millions) Growth Rate
0.472
0.488
0.5030.505
2005 2006 2007 2008
CAGR : 2.28%
Growth rate of enrolment during this period
6.3%
Causes of Youth Unemployment
Causes of Youth Unemployment
1 Graduate
4 Diploma
4 x 4 ITI’s
1.55 Million ITI Seats
2011-12
http://planningcommission.gov.in/aboutus/committee/wrkgrp12/hrd/wg_te.pdf
2 Million+ Graduate Seats
1.08 Million Diploma Seats
Vocational Education = Skill Training
Long Term: Vocational Education Needs to be Encouraged & Accepted
Mid Term: Improve Current Education Institutions
TRAINING ASSESSMENTPOLICY
Overhaul of AICTE, UGC
norms
Innovative partnership of
private training firms
Continuous measurement of
employability
Vocational Education = Skill Training
Long Term: Vocational Education Needs to be Encouraged & Accepted
Policy | Training | Assessment
Vocational Education = Skill Training
Long Term: Vocational Education Needs to be Encouraged & Accepted
Today: Improve Communication Skills
Mid Term: Improve Current Education Institutions
Policy | Training | Assessment
What should we do ?
<< Sir/Mam-from where i got my pass..??either mail or through sms-how i sure pass definately comes to me ???-time past is already 1:28am, m i wait or not ????hope for +ve responce>>
Vocational Education = Skill Training
Long Term: Vocational Education Needs to be Encouraged & Accepted
Today: Improve Communication Skills
TODAY?More than 45% candidates fail in the English section.
Data collated over
1 Million+cognitive ability exams
Source : CoCubes.com
Mid Term: Improve Current Education Institutions
Policy | Training | Assessment
What should we do ?
TODAY ?
Vocational Education = Skill Training
Long Term: Vocational Education Needs to be Encouraged & Accepted
Today: Improve Communication Skills
Mid Term: Improve Current Education Institutions
Policy | Training | Assessment
What should we do ?
34% 13%Returns to
fluent EnglishReturns to
little English
MALE
22% 10%Returns to
fluent English
Returns to
little English
FEMALE
Average Estimated Returns to Learning English (2010)Nishith Prakash, Aimee Chin, Mehtabul Azam, 26 May 2010