According to the Economic Survey, 65 percent of India's fast-growing population is under the age of 35, but many of them lack the skills needed for a modern economy. Estimates suggest that about 51.25 percent of youth are considered employable. In other words, this means that almost one in two youth coming straight out of college is still not easily employable. However, it should be noted that the percentage of skilled youth has increased from about 34 percent to 51.3 percent in the last decade.
The Ministry of Skill Development and Entrepreneurship (MSDE) said that "According to the report of NSSO, 2011-12 (68th round) on the status of education and vocational training in India, about 2.2 percent of the persons aged 15-59 years have received formal vocational training. At the same time, 8.6 percent have received non-formal vocational training.
78.5 lakh jobs need to be created annually in the non-agricultural sector by 2030
According to the Economic Survey, to provide work to the increasing human resources in the country, 78.5 lakh jobs need to be created annually in the non-agricultural sector by 2030. The survey says that not every person of working age will do a job. Some of them will also do self-employment and some people will also become employers. The survey says that the economic development of the country is more important from the point of view of providing livelihood to the people than jobs. Governments at all levels and the private sector will also have to contribute to this. According to the Economic Survey, the labor force of the agricultural sector will grow to 50% in 2023 The current share of the skill development sector in the country is 45.8% and may gradually decline to 25% by 2047. Therefore, by 2030, we will have to provide about 78.5 lakh jobs annually in the non-agricultural sector.
The annual report mentions challenges in the skill and entrepreneurship scenario in the country, which are-
(i) Public perception is that skilling is seen as a last resort, it is considered necessary for those who have not been able to progress or have dropped out of the formal educational system.
(ii) The convergence of the central government's skill development programs is spread across more than 20 ministries/departments. However, there is a lack of strong coordination and monitoring mechanisms.
(iii) Multiplicity in assessment and certification systems leads to inconsistent results, creating confusion among employers.
(iv) There is a shortage of trainers, unable to attract industry professionals.
(v) There is a mismatch between demand and supply at the regional and spatial levels.
Who is Vivian Dsena's ex-wife who refused to go to Bigg Boss 18? The marriage broke in just 3 years.
The controversial reality show Bigg Boss 18 has started and this season has seen the entry of some new faces along with the most popular TV actor, whom the makers had been approaching for years. My
Shivraj Patil Demise: Former Home Minister Shivraj Patil passed away, breathed his last in Latur at the age of 90.
Senior Congress leader and former Union Home Minister Shivraj Patil breathed his last this morning in Latur, Maharashtra. He was 90 years old and passed away at his home in Latur at around 6:30 am.
'Leave Tehran immediately', Embassy of Iran issues advisory to Indian citizens, students say- we trust India's strength.
The growing tension between Israel and Iran in West Asia has caught the attention of the whole world. Meanwhile, the Indian Embassy has issued an advisory. It says to leave Tehran immediately. All
Pahalgam Attack: All-party meeting on Pahalgam terror attack today, Attari border closed; bodies of the dead are being sent home.
The central government will hold an all-party meeting on Thursday on the terrorist attack in Pahalgam. Official sources gave this information. He said that Defense Minister Rajnath Singh may chair
Kesari 2: Akshay Kumar appealed to fans during the promotion of the film, said- Do not insult 'Kesari 2', keep your phone away
The story of Akshay Kumar starrer film 'Kesari 2' is based on the painful incident of the Jallianwala Bagh massacre. Fans are very excited about this film, which is going to be released on April 18.
Air India Tragedy: After the accident, rescue workers recovered 70 tolas of gold jewelry and Rs 50,000 cash from the debris; handed them over to the police
After the Ahmedabad plane crash, a huge amount of gold jewelry, and cash was also found during the recovery of bodies and other items from the debris. Let us tell you that Rajesh Patel is among the
Grand welcome for PM Modi in Sri Lanka, 5 ministers welcomed him with guard of honor
Prime Minister Narendra Modi has arrived in Sri Lanka on a three-day visit after his visit to Thailand. He was given a grand welcome in the country's capital, Colombo. On Saturday morning, a guard of
Operation Sindhu: 296 Indians, and four Nepali citizens evacuated from Iran; the total number of people coming to India reached 3,154
The Government of India has launched Operation Sindhu for the safe return of Indian citizens from crisis-hit Iran. Under this operation, a special flight carrying 296 Indian citizens and four Nepali
Kangana Ranaut reacted to Shahrukh Khan's son Aryan's debut, saying- only makeup...
Superstar Shah Rukh Khan's son Aryan Khan is going to make his debut as a director. Actress and MP Kangana Ranaut praised him. She said that it is a very good thing that he is trying to make his own
125% tariff on China, 90 days grace period for these countries including India; Why is Trump's attitude changing?
US President Donald Trump made a prominent announcement on Wednesday and announced to stop the import duty (tariff) imposed on most countries of the world for 90 days.
