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Being uneducated is unfortunate, but being unemployable is ignorance

Wednesday, February 27, 2019

India must rise to the occasion to increase the employability of its masses, especially among the millennials to prepare them for the Fourth Industrial Revolution, says Abhishek Ajmera, Sales Head - Certification Products.

As per recent reports, the employability rate in India has risen from 37 percent to 47.38 percent over the year. The increase is definitely a boon to the economy given that by 2020, the average age of an Indian would by 27 years. This demographic dividend, if pushed in the right direction, can make India the leading supplier of talent. In an unfortunate situation where we are unable to cash in on the demographic dividend, our working population would be at its peak coupled with a high unemployment rate.

India must rise to the occasion to increase the employability of its masses, especially among the millennials to prepare them for the Fourth Industrial Revolution. There are a few roadblocks that hinder our growth to be known as the leading supplier of talent in the world. While in the last five years, the need for being skilled has gained a lot of importance from a recruiter’s perspective. The need for skilling arises from the incoming wave of automation in every sector -- a.k.a. -- the fourth industrial revolution.
Fearing the loss of jobs from this revolution, there has been a strong resistance from the employed to be retrained in new skills, which is a negative attitude towards skilling. Another roadblock that needs to be fixed is the lack of infrastructure in most colleges to provide such advanced skills training for students to boost employability.

While few colleges have taken the initiative to upgrade their curriculum to match the demands of the industry. There are still many institutes that need to follow this path, and upgrade to upskill their students. This causes a serious hurdle as they are unable to impart the upgraded pedagogy that matches industry needs.

Given how degree-hungry our country is, it is imperative that colleges shift their focus from an exam-oriented view to one that is success-oriented. While teaching focuses on cracking exams, the system fails to make students first-day first hour ready. The government has taken active steps to bridge this gap with NAAC who have undertaken employability as a key factor during the accreditation of colleges.

In order to tackle the problem of increasing unemployability, colleges can tie up with agencies that help incorporate employability assessment right from the first academic year of college. They continue to assess and help students improve their employability year-on-year until they graduate.

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