Presented by: Samarth Vikram Singh

Rahul SharmaDipanjan Biswas

Rishi SenBhuvan Dua

INDIA NEEDS TO CREATE & FILL 1.2 CRORE JOBS EVERYYEAR FOR NEXT TEN YEARS

80% of India’s workforce possesses no marketable skills in labour market

53% of workforce is engaged in agriculture sector which contributes only 17.2% to the country’s GDP

Likewise, only 19% of workforce is engaged in manufacturing industry which should be the engine of job creation

48% of Indian employers face difficulties in filling vacancies

85% of Indian graduates are unemployable in India’s high growth industries

94% of Indian are employed in unorganized sectors

The gross enrolment ratio (GER) in higher education, as per the all India survey on higher education released by MHRD, stands at 18.8%

CAUSES OF THE PROBLEM

1. Poor quality of education and lack of focus on skill development at all levels of school education

2. Social attitudes of seeing children as a potential source of income in financially weaker sections

3. Inefficiency of higher, professional and vocational courses to impart skills crucial for concerned job market

4. Outdated Labor laws and predatory environmental regulation regime which discourage expansion of manufacturing and the jobs that come along with it

5. No real touch among graduates with actual industry/job functioning

6. Conventionalism in selecting career options largely due to poor counseling culture

REASONS FOR SELECTING THESE CAUSES High unemployment turning human resource potential of the country into a

liability

Need to improve quality of jobs and engage more and more people in organized sector to improve living standards of people

Need to drive people in unexplored job markets to ameliorate oversaturation in agriculture and other unorganized jobs

Need to increase productivity of workforce to expand India’s economy

BUILDING A 3-TIER SKILL DEVELOPMENT FRAMEWORKWITH PRIVATE SECTOR PARTICIPATION

Unemployed college graduates• 6 months integrated skill development courses by industry • The programs will run throughout the year on PPP model• Their updated skill sets will be centrally maintained in a database and would

shared with the industry

Mandatory career counseling and 100 days apprenticeship of students at senior secondary level spread over Class 11 and 12 • Counseling based on Psychometric tests, performance and interests of • Counseling based on Psychometric tests, performance and interests of

students• Inviting private sector participation in providing apprenticeship to students• Private participation will be encouraged by giving tax sops and including the

activity in CSR domain

Developing skill sets of school drop outs (14+ years age)• Would have an extended sector specific skill development and

apprenticeship program to make them job ready in 6 months• Will be simultaneously imparted soft skills, language proficiency and basic

computer skills• Would join school students in Class 11 and 12 in their counseling and

apprenticeship program according to their performance

ADVANTAGES OVER EXISTING ALTERNATIVES

MORE RELEVANT SKILL SETS

• Existing vocational courses like ITIs not updated with markets demands

• Reduces costs by

INDUSTRY ADVANTAGE

• Reduces costs by involving private players

• Industry gets to design curriculum and absorb skilled labour

RIGHT DIRECTION

• Create awareness for unconventional & unexplored job markets

• Leveraging best processes available for counselling at low costs

IMPLEMENTATION

Corporate, academia and industry experts will design these skill imparting and allied courses to be dispensed at the three levels : school drop outs, senior secondary students and degree/diploma holders

Developing a pool of quality trainers from NGOs, Corporate and willing volunteers from academia. Standard mechanism to be followed while recruiting trainers wherein private players will be involved

Maintaining a central database of skilled candidates to be shared with the employers across all sectors. More importantly, the database to be linked to the employers across all sectors. More importantly, the database to be linked to the AADHAR CARDS of the candidates

Government to create a corpus for the programme depending on the scale of the implementation of the programme

The programme to be implemented in varying demographic segments depending on income levels, literacy rates, employment levels etc.

Tax breaks to be given to the participating private players. Moreover, the investment to be counted as CSR spending

IMPACT OF THE SOLUTION

The impact of the programme will be measured by the updatedemployment status of the candidate in his/her AADHAR CARD data

By incentivizing private participation with tax and other benefits, theprogramme will be a win-win proposition for all the stakeholders. It willimmensely cut cost that otherwise would have been incurred in aprogramme of such scale

The value proposition of having an assured employment due to skill sets The value proposition of having an assured employment due to skill setsdeveloped in the programme will encourage the targeted segments toparticipate and benefit from it

It will result in covering the opportunity cost of an unemployed or pseudoemployed workforce for a very limited investment by government andcorporate, thus making the programme a very sustainable framework inthe long run

Checks and balances involved at all stages to evaluate the efficacy ofsyllabus design, trainers and programme implementation

Monitoring : Government shall set up a special purpose vehicle underMoHRD to design and monitor the programmes at all levels

CHALLENGES AND MITIGATION FACTORS

Political Challenges: The programme will require an overhaul of the currenteducational setup in the country as well as making provisions for invitingthe private sector in the programme

Institutionalizing the programme can lead to technological and politicalskepticism

The inability of the current education setup in assuring the students ofattaining a credible skill set might lead to reluctance to joining theprogramme by parents

Initially, the programme would incur a considerable investment on part ofthe government and the gestation period for the programme would belong term

The government in tandem with corporate needs to create awarenessabout the importance of programme

Because the programme do not tinker with the current educational setup,it will not be difficult to convince the legislatures in developing theframework

We can leverage the IT prowess of our country in institutionalizing acomprehensive technical setup for the programme

APPENDIX

Taking Stock A sector wide scan of Higher Education in India – a report by CII and PwC(Nov 2012)

Economic Survey of India 2012-13

World Bank Report (2012)