-The Hindu A levy on firms, resources from which are earmarked for vocational training, is what could help the country bridge the skill gap in its workforce. Financing technical vocational education and training (VET) is costlier than general education due to its technical nature. Pre-service training requires the installation of equipment and trained instructors to train youth. This raises the cost of training, and remains a factor preventing pre-service training from expanding...
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The Private Sector’s Commitment to the National Skill Development Programme is Shaky -Santosh Mehrotra
-TheWire.in The number of people needing technical and vocational education is at least 20 million per year, but the system is barely churning out 5 million per year. In India until the middle of the 2000’s, employers were hardly interested in training within their own enterprises, let alone the system outside their enterprises. However, rapid GDP growth during those years led to a serious shortage of skilled staff. The government of India...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
More »Lack of 'suitable' jobs holding back women employment -Ishan Bakshi
-Business Standard According to NSSO, employment surveys, women participation rates in India fell sharply after 2004-05 India ranks 120 among 131 countries on women labour participation, according to a report by International Labour Organization. Traditionally, this has been blamed on a culturally patriarchal society and rising family incomes that allow more women to stay at home. A new paper by World Bank economists blames a "jobs deficit" for the decline in female labour...
More »Study on reservation in schools: Wealthy kids turn more generous -Ishan Bakshi
-Business Standard Study on reservation in schools New Delhi: The Delhi government recently ordered all nurseries, playschools and pre-primary schools, set up on land allotted by the government, to reserve 25 per cent of seats for poor students. This is in continuation of a 2007 order of the then government directing 395 private schools to reserve 20 per cent of new admissions for poor students. The decision to reserve seats in such bastions...
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