-The Hindu Is India ready to cash in on its demographic dividend? A demographic dividend is a once-in-a-lifetime opportunity for a nation and can either make or mar its citizens' present and future. When the share of the working-age population is on a rising curve while the share of dependents (those under the age of 15 and over 60) is falling, it enables workers to save (hence savings share in GDP rises)...
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Rural youth nurse driving ambition to make it big in cities: Government survey -Dilasha Seth
-The Economic Times The government wants to train the rural youth to take up manufacturing jobs, but an official survey has shown that nearly a fifth of youth in the countryside enrolled for vocational training opted to learn driving or become car mechanics in the hope of earning a decent salary in cities. Computer training was the second-most desired skill among the rural youth, shows a report based on the National Sample...
More »Survey reveals 30% ITI grads still jobless by Chetan Chauhan
Despite industry having preference from government trained manpower about 30% of the pass-outs failed to get a job in 2009 after getting vocational training from public sector institutes, a government survey has found. The reason, according to a survey done by ministry of labour, says that non-availability of jobs or low salary were the two prime reasons for high unemployment rate in Industrial Training Institutes (ITIs). Most of the trainees...
More »Shortages in a labour-surplus economy by N Chandra Mohan
Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...
More »Chhattisgarh to set up ITIs in Maoist-hit districts
-The Economic Times Chhattisgarh will set up seven Industrial Training Institutes (ITIs) in Maoist-hit districts in a bid to stop youths from joining the rebels, officials said Saturday. "The central government has approved a proposal of the state government for setting up seven ITIs in districts worst hit by Maoist militancy. Each ITI will cost Rs.3.72 crore, which includes the cost of constructing the building and a 100-student capacity hostel," a...
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