BOOSTING SKILLSETS

INCREASING THE EMPLOYABILITY OF

YOUTH

“All your life you have been told , you are a golden prince , the future awaits , its bright its yours , you have a degree, you have

a good job, a fine life & suddenly you find its not true”

THE PROBLEM OF EMPLOYABILITY IN INDIA

India has the largest youngest population

in the world however it is also the most unemployable population.

57% of India's youth suffers from some

degree of unemployability while 53% of the employed youth lacks specific skill sets.

Unemployability leads to stagnancy both

in the economy as well the I.Q. of the youth which deteriorates the E.Q. as well.

Thus there arises a need to increase the

skill sets of the Indian youth to make them employable.

Enhancing employability

Industry

ACADEMIA

CURRENT STATISTICS

0% 20% 40% 60% 80% 100% 120%

engineers

general

graduates

employable

Approximately 75 to 80 million jobs will be created in India over the next 5 years ;75% of these new jobs will require occupational training to enhance the employability rapport. 90% of the current jobs in India are skill based and require vocational training but only 6% of the population receive any vocational training.

Unemployable youth

No motivation and lack of innovation

Stagnancy (youths point of

veiw)

Frustrated youth and rise

in the crime rate

Stagnancy in the economic

growth

Fall in the

overall GDP

E

M

P

L

O

Y

A

B

L

E

Y

O

U

T

H

Employable youth

Motivation and innovation

Progress (increase in EQ and IQ )

Satisfied youth and reduced crime rate

Economic growth

Rise in the

employment

and GDP

SCOPE OF THE PROBLEM IN HAND

REASONS FOR SELECTING THE TOPIC

We being a part of the youth feel lost when we think about what lies in our near future.

Thinking about the future finding a job has become matter of survival not just affecting us but the world economic ground.

Often lack of skill sets leads to problems like underemployment and disguised unemployment and many more to follow.

Reasons for

Unemployability

Poverty Lack of skill

sets Outdated education

PROPOSED SOLUTIONS

• Encouragement of vocational training from grass root levels

• Implementation and use of the CCE system of education in all

state and central education boards.

• Demand driven short term training courses

• Internships for exposure from higher school level

• Educate and update the youth about technological advancements

• Determining fee structure of secondary and higher education

(keeping in mind the income of people)

• Lowering of cut offs, implementation of JEEs and even

considering co-curricular performance for admissions in all

courses.

• Introduction of a new plan EAP explained later.

EMPLOYABILITY AWARENESS PROGRAMME (EAP)

After research and planning we have come up with this new plan EAP which deals with the employability of

youth.

If the government enters into a partnership with the private bodies. Wherein the government directs the

inefficient youth and funds to the private institutes and they in exchange train and increase the skill sets

of the youth. This will increase the employability of youth and employable youth when employed will

increase the GDP and economic growth of the country.

GOVERNMENT

PRIVATE INSTITUTIONS

EMPLOYABLE YOUTH

Increase in GDP

Economic growth Inefficient youth

and funds

Resources and scientific

training

SOURCES OF FUNDING We propose the introduction of a new plan or

fund called the YOUTH

EMPLOYABILITY FUND(YEF) which

would be solely responsible for the funding

of EMPLOYABILITY AWARENESS

PROGRAMME(EAP).the funds and the

resources required for this programme

would be allocated to this programme.

The funding for this project should be directed

by the government, it can be sourced from

the budget allocated to the ministry of

education. The private institutes are to

provide with the infrastructure and skilled

human resources in the respective fields. In

return the government is to provide the

private institutes with land and other

subsides.

GOVERNMENT

PRIVATE SECTOR

Funds and

resources

subsidies

Infrastructure

For training of

the unskilled

IMPACT OF ENHANCING EMPLOYABILITY

Global Competiveness Surplus of 47m skilled

individuals

Economic growth

Workforce will add 2% points to India’s per capita GDP

over 2 decades

Poverty reduction 70%

reduction in poverty by

2025

Productivity and income

$2900 increase in per capita income

by 2025

Ability to adapt to changing

circumstance

Motivated and

confident with

negotiating skills

Increase in creativity

and innovative

skill

More scope for

employment

Governments point of

veiw

Youths point of veiw

MITIGATION

• Regular monitoring by the government and continuous check tests which bring out flaws and deviations if any

Improper execution of

proposed solutions

• Minimum fee from all the applicants for the training for the funding if the programme

Lack of funds

• Widespread awareness of the benefits of the CCE structure of education

Difficulty in implementation of the programme in every

education board of the country

Appendix

APPENDIX www.darsa.org

www.topnews.in

www.piford.com

www.indiatimes.com

www.thetimesofindia.com

www.ilo.org

www.salto-youth.net

COLLEGE NAME : AMITY UNIVERSITY NOIDA

PARTICIPANTS : AMOLI KAR

PAROMA BHATTACHARYA

SANIYA ROY

RAGHAV CHHABRA

RADHIKA KISHORE