India is facing job crisis or skill crisis?

India is facing job crisis or skill crisis?


First of all, let us know that why again and again this question is raised in India. The obvious reasons are the research studies that are conducted in these areas and the numbers that are brought up by the facts published every year.

Unemployment in India is projected to witness marginal increase between 2017 and 2018, signalling stagnation in job creation in the country, according to a UN labour report.

Whereas according to India Skills Report 2017 by Wheebox, it stated that India has a population of over 1.2 billion almost half of which is already eligible to work, and yet there are so many jobs which remain unfilled in the absence of right people with required skills.


So you can see clearly that there is a gap between the above two statements that are published by research agencies. Unfortunately, it’s the educational system of India which have caused the unemployment and skills crisis.

There are many research study that have highlighted the impact of education on employment, and it demonstrates the challenging mismatch between our educational system and the job skills employers need. It also reveals the tremendous need for skills in the workforce, and points out many gaps in the educational system's ability to drive these skills.
The solution to this problem is educational system has to be changed according to the needs of employment. There should be educational body which keep sync with employment opportunities and structure the educational courses accordingly so the students have the required skillsets needed by employers. But this seems to be very hard looking at the way educational system works in India. So there are huge opportunities for private institutes to grab this market and explore it deep to fill the gap between job crisis and skills crisis.



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