Training to Enable Livelihood and Employment
Training to Enable Livelihood and Employment
Authors : Amitabh Rath, Ravi Bhushan, Amresh Deshpande and Ankur Tulsyan
With a population of over 1.2 billion people, India is the second most populous country in the world and projections suggest that we will be the most populated country by 2050. More than 50% of today’s population is below the age of twenty five and more than 65% below the age of therty five1.
Looking at the education sector in India, there are Primary, Secondary and Higher Education structures. Reports suggest that there are over 1.25 lakh secondary schools and 22 crore children go to school in India. Of these, only around 12% students reach the university level. A large part of the eighteen to twenty four years age group in India does not reach college.
Considering that we are a ‘young’ workforce, the requirement for skilled manpower is going to increase many folds in the years to come. Though approximately 13 million persons enter the job market every year, only 3 million vocational training seats are available in country2. A report published by Boston Consulting Group quotes that vocationally trained, diploma holders, and graduates comprise only 10% of the overall workforce.
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