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Unemployed Youth in India: Problems and solutions of unemployment
Percent labor employment in India by its economic sectors
Indian graduates in a Jobless dilemma
Are you an unemployed youth in India?
Are you unemployed? Are you among unemployable? Are you behind the race? If it is like so you have to know the techniques to be employed and to rise up the corporate ladder like many others.
Read this HubPages article to get a blue collar or white collar job. India has the potential and so you!!!!
India is shining and progressing with an amazing growth rate. The growth rate of India is the second highest in the world after that of China. The youth force of India is contributing a lot to the same. It is believed that principal reason behind Indian progress is its youth force, highest in number in the world. However, there is a problem. Large numbers of Indian youth are not only unemployed but unemployable.
There are two new world leaders China in the manufacturing sector and India in the service sector. Large numbers of white, blue and green collar jobs are waiting for suitable candidates. Indian youth force, behind the progress of India, is mainly engaged in IT sector. India is a leader in software and the industry is continually offering white collar jobs besides some blue collars.
India is also a world leader in BPO (Business process outsourcing) and KPO (Knowledge process outsourcing). Large numbers of call centers are contributing to the industries and trades of America the US, UK, Australia, Japan, European Union, Canada and many other developed countries. BPO sector needs a large number of blue collars whereas KPO industries require and offer white collar jobs.
IT industries have seen a tremendous boom in India. This industry has employed a large number of educated youth with handsome salary. Normally, IT is the highest paid sector. Management, banking, finance, retail, telecommunication, entertainment etc. are some other new sectors that helped India in her tremendous growth.
Hiring and employment challenges in India
Typical problem for employers and employees
These sectors have started facing a typical problem. Despite large numbers of educated young, there is a shortage of skilled manpower. This is the dilemma. There are unemployed youths and the companies are facing a shortage of manpower.
A recent survey throws light on the problem, problems with the educated youth. They are mainly lacking three types of skills required in the industries.
1. Communication skill
2. Analytical skill and problem-solving
While in interview approximately sixty percent candidates are screened due to lack of communication skills. Rest twenty-five percent are screened for analytical skills and five percent for their lack of knowledge in their respective domain. Hence, ninety percent of educated youth force are lacking in one of these three main skills required for job and employment.Only ten percent of the educated force of India is employable.
Employers are struggling hard to attract them with huge pay packages that are increasing their production cost significantly. The employers are losing their competitive edge in global markets. Global slowdown only adds to the crisis. Corporations are now facing the dual problem.
The problem lies in the education system. Indian education system has a mismatch with the requirements of the industries. Institutes teach whatever they want. They do not teach what industries require. Industries do not require what institutes teach. The syllabus committees have not been interfacing with the industries. Several big industries have to set-up their own in-house training program to fight the problem.
Most of the newly employed youths are compulsorily undergone employers own training program. This enhances the cost of employers enormously. It also wastes time.
An Indian call center
Individual and collective aspects of The problem and solution
As an individual, you have to choose courses carefully. You have to interact with the industries to know their requirements.You must choose an institute very carefully. Ensure that they are covering above mentioned three aspects in their syllabus. It is in your best interest to ensure that your institute is interfacing with the requirements of industries before you admit it.
What should be done as a general measure to solve the problem?
The one point solution of the problem is a change in education system, a radical change. There must be an interface among Government bodies looking after education, Universities, all India committee of technical education and representatives of the industries. The institutes must educate as per industries' needs.
Have these done, India will not face the problem of un-employ-ability and the youth force of India will not remain unemployed.
Gold-paved Gulf cities mere mirage for Indian migrants
Do you want to start your own business?
Start your own business.
Are you already a pass out of an institute and still unemployed? ? Are you disgusted and depressed? facing tough times in your life? Are you unable to find a way out? Do not worry. Be hopeful. There is an opportunity for you too.
You can motivate yourself to start your own business. It is not very difficult. Business does not require a huge amount of money as opposite to popular belief. The qualities you need to start a business is attitude, knowledge, and will to start your own business.
It is better to be trained under a skilled and successful business owner and need not bother for an admission in a reputed institute. A successful businessman can teach you much more than a renowned institute. Moreover, he will train it practically instead of mere theoretically.
Once you find a successful businessman, ask him for an apprenticeship. It will be in your best interest not to ask money or salary for the same. If he gives any compensation, it is good. If he does not pay, do not bother. Try to learn best practices in business.
Think the business house as an institute. Do not take it as a job. Learn as much as you can. This will be proved a lifetime asset for you. It will then probably enable you to start your own business and get full control of your economic and financial life.
Working under NREGA scheme
NREGA program of the Indian government
Indian government runs National Rural Employment Guarantee Act, NREGA scheme to guarantee all rural people of India 100 days job. The scheme is for the unskilled workforce. Union government of India funds this scheme and the respective state governments have responsibilities to rub NREGA.
NREGA has covered almost all of rural area in the country and creates millions of jobs to the villagers. The scheme has become a tool in poverty elimination in India that also help fighting starvation and malnutrition.
Corruption and scams hit this project that causes defamation. Despite all its flaws it helped Indian unskilled workforce to get jobs.
Employment right India - NREGA
Should Govt. interfare into the problem to solve it?
Americans looking for jobs in India
Modi government will focus on youth employment
Narendra Modi, skill India and employment
Narendra Modi took charge as Indian Prime Minister on May 26, 2014, replacing Dr. Manmohan Singh. He has announced skill development as his priority. The Indian government has made provisions in the budget for the same.
Narendra Modi and his government are committed to developing skills among youth in India to make the dreams "Make in India" and "Made in India" true. He has invited investors from across the globe to invest in manufacturing sectors in India. Japanese investors have responded well to his call during his recent visit to Japan. He has assured them red carpet welcome.
The slogan "Make in India" can only become true if Indian people have enough and adequate skills to support its industries. Skill development program will certainly increase the employability of Indian youth.
India will need more Industrial training institutes and relevant courses to increase the employability of young India. The quality of technical education and industry interfacing will play a vital role in this regard.
Narendra Modi will be addressing Indian students today evening and we are looking forward to his speech. Indian people know that their Prime Minister is workaholic and values his commitment. Let us hope for the best.
(Updated September 5, 2014)
PM Narendra Modi in Japan with TCS employees
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