Today, it’s very sad to know that people consider skills and vocational training as a measure-​of last resort, for those who failed to succeed in their academics. This can be due to the equal treatment given by the industry to both the skilled and the unskilled which is next to lowering the value of the skilled professionals and low economic incentives.

The vocational programmes, on the other hand, are completely outdated and fail to provide the training which the industry seeks for.


 

our education system is a single dimension system providing bookish knowledge with next to zero practical implementation.


 

In today’s date almost 35-40 lakh people graduate and enter the market seeking employment. But the question is “how many of them are really worth employing?” How many of them actually do possess the skill to take over the industry and make their presence felt?

Sadly the answer to this question is mere “5 lakh”, which is just about nearly 17%. Today there is not a single industry, be it pharmaceutical or healthcare or IT or any other industry, which is crying about the dearth in skilled professionals.

 


 

almost 52% of skilled professionals are dissatisfied with their jobs


skill gap

The real problem today isn’t the shortage of available employment opportunities, it is sadly the lack of skills in the graduates to counter today’s challenges the industry faces. However, they the aren’t the ones to blame- our education system is a single dimension system providing bookish knowledge with next to zero practical implementation.

But surprisingly, of that lot of skilled professionals, as per a survey, almost 52% of those are dissatisfied with their jobs– be it due to wages or due to promotions or any other reason. To overcome this problem of skilled labour gap, even the companies have to enhance the quality of service they provide to their employees.

Every year almost 30% of the skilled professionals tend to move out of the companies in order to seek a better work place environment and better opportunities where they are valued.

Talking of some of the private sector companies, they are adopting CSR policies and this has helped them actually get the best out of their employees. This brought out the hidden talents and also nurtured them to get them acquainted with the increasing competition in the market.


 

Channeling of the funds gathered for CSR development in the government-run training centers would surely boost this progress.


 

Today it’s very much important to know that “one size fits all” isn’t the real scenario. For each and every company, in any industry, it is mandatory to approach and tackle this issue on an individual basis but with a collective positive mind-set.

Today for a sustainable development, the company is obliged to move away from the cheque-book philanthropy and look after the overall development wherein everyone benefits.

 

CONCLUSION:-

To tackle these issues, a collective tackling is mandatory for the private sector companies. Simultaneously the corporates can contribute by investing in the development of government led training programmes. “Channeling of the funds gathered for CSR development in the government run training centers would surely boost this progress.”

This all would surely help increase the skill in required manner as per the industry standard, as the industries the ones who know the best about the increasing competition in market.