The refurbished face of the initiative ‘Skilling India’, will be launched on the fifteenth of this month. A slow venture so far, it is going to have to aim for more in the future. India’s demographic dividend, constitutes a big and vital target of this initiative. Statistically, only 2.3% of the Indian population undergoes the necessary formal skill training, which is in stark contrast to the massive figures of 52% trained skill workers in U.S.A and 68% in U.K.
Indians have a slight negative perception about skilled training. The chief of an institute offering skilled training said, “Receiving skilled training is usually the last option, chosen by those who fail to make a mark in the conventional academic scenario. The industrial requirement is thus unfulfilled.”
“Substantial changes which will benefit the industry going hand in hand with new policies, will ensure progress in the right direction.” said Mr.Subramanian Ramadorai, chairman, National Skill Development Corporation (NSDC).
Inculcation of new policies, has ensured a powerful boost to this industry. The National Policy on Skill Development and Entrepreneurship, 2015 will aim at providing the best skilled training in the shortest time. Common national standards and a rough framework will be provided to the skilling activities, along with balancing the demand supply equation.
Siddharth Chaturvedi, director of AISECT, a skill development networks, said the new Skill Development and Entrepreneurship Policy, would pave way for coordinated effort regarding skilled development initiatives, among various ministries.
Striking a balance between the ideas of students taking skilled training and availability of jobs and highlighting importance of hiring skilled workers as opposed to unskilled labour needs to be, which is difficult considering that 75% Indian Business faces shortage of specific skills.
A senior Educomp official said, “Though NSDC has ample funds, the skill development industry hardly makes enough money. All the existing finance is utilised, looking for potential candidates hardly any money is left to pay these people once they are trained.” Job opportunities should be generated for the trained workers as they get trained.
“Literacy, financial knowledge, communication ability are the poorly developed traits, which need to be sorted.” said Miriam Carter, director, OP Jindal Community College, which trains women in various skills like tailoring, plumbing, welding, and computer operations.
NSDC has been funding vocational training initiatives and for the past 4 years, over 2 million people have been trained and placed in 25 sectors.
Sector Skills Councils certified or uncertified training courses conducted by NSDC approved training centres, are affiliated under the NSDC.
Statistical data says that NSDC was formed with a target of training 150 million people by 2022, of which 3.3 million people were trained last year and the plan is to train 6 million people this year.
STAR ( Standard Training Assessment and Reward) is an initiative providing monetary rewards to candidates who undergo skilled training.
24 key sectors will need to employ 119.2 million man power by 2022. 487.4 million skilled workers are currently employed in various sectors of which 51% are the non-agriculture sectors.
Soumitra Bhattacharya, joint MD of Bosch Ltd. India, said, “Training centres providing knowledge are ample, but there is a dearth of quality workers.”
“The training is not being able to develop the level of skill that is expected by the industry, hence the demand supply equation for adequate talent is imbalanced.” said Ajay Kela President and CEO of Wadhwani foundation. By 2020, 60% of India’s population will belong to the working age group of 15-59 years. If well trained, they could make India a super power in the Human Resource Sector.