Harpreet te dx_2014

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Inside MANY CORPORATES WAITING TO HIRE Outside MANY GRADUATES WAITING TO GET HIRED IIT-BOMBAY IIT-BOMBAY Getting Our Youth Employment

Transcript of Harpreet te dx_2014

InsideMANY CORPORATES WAITING TO HIRE

OutsideMANY GRADUATES WAITING TO GET HIRED

IIT-BOMBAY IIT-BOMBAY

Getting Our Youth Employment

Graduate Enrollment Ratio =STUDENT ENROLLED

STUDENTS ELIGIBLE

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

WHY HAS IT COME TO THIS?

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OUTDATED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

WHAT CAN WE DO NOW?

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

A JOB IS THE MOST IMPORTANT ELEMENT FOR THE BARE NECESSITIES OF LIFE