Unemployment in India ?

-

India maybe considered a rising power with large number of qualified job aspirants entering the workforce every year. But the hard reality which many do not say in the open is issue of employability of these aspirants.
There are thousands of students and professional out of college & professional institutes every year but many of them are really good enough to do the job that’s awaiting them.
Instead of IIM and IIT graduate only a small percentage of student coming out of these institutes are really qualified to take up the real challenges of work. Rest are bookish geniuses who have come well with their scores  
According to survey conducted by FICCI and Ernst & Young paper, even though over 40 million people are registered in employment exchanges only .2million get job annually. Event Starting is the fact that about 80% of the workforce does not possess identifiable marketable skills
Equally sad is the fact that the school drop-out rate in India touched to 56.5 % by the time student reach the qualifying examination at 10th Standard which further leads to employability
The survey found that only 25% of Indian professionals are considered employable’ by multinationals the difficulty of employers in India to fill job vacancies has creased 67% in 2011  
Compared with 16% last year
Although it was difficult to accept, academia an d industry leaders have now accepted this fact and are making effort to end the demand and supply mismatch
The fact is Germany has 75% Skilled workforce and the UK 68% compared to India which accounts 2% so why we blame unemployment when the issue is un-employ-ability
About 60% of India’s 1.2 Billion people are in the working age group however 10% of them 300 children in India between the age group will pass and go beyond, only 5% of Indian labour force in the age group of 19-24 years is estimated to have formal tanning said by S Ramadorai Adviser of Prime Minister, Understand the issues, we have to start working on vocational education framework to be more competitive and acceptable the world market   
Location: Mumbai, Maharashtra, India

Comments

Post a Comment

Popular posts from this blog

Pranab, Budget 2012-13 Objectives

-
The Union Budget 2012-13 presented by the finance minister Pranab Mukerji in Lock Sabha, Identified five objectives to addressed effectively in the ensuring fiscal year. They includes: focus on domestic demand driven growth recovery, create condition for rapid revival of high growth in private investments; Address supply of bottlenecks in agriculture, energy and transport sector particularly in coal power National Highway, Rail ways and civil aviation Intervene decisively to address the problem of malnutrition especially in the 200 high burden districts expedite coordinated implementation of decisions being taken to improve delivery system, government and transparency; and address the problem of back money and corruption in public life the country’s GDP growth in 1012-13 is expected to be 7.6% +/- 0.25 % in 2011-12 the country’s GDP is estimated to grow at 6.9% after having grown at the rate 8.4% in each of the two preceding years. Thought the global crisis had affected In
Read more

Online Ordering, Food Service Business

-
For restaurants (QSR/ SAR), group ordering can be a huge pain or provide a huge gain dependent upon how you line it.  If you have an online ordering system in place, it is more likely to result in the latter than the previous. Companies, teams, colleges, clubs, and Temples/ Masjid, ongoing customer are ideal customers because of the potential for regular, high-volume orders. A restaurant that offers the convenience of online group ordering and deferred payment is an attractive choice for these groups. With online ordering, one satisfied customer can easily turn into a bundle of ongoing groups of customers. How to accomplish this may be as easy as a click of a cell phone, tablet or laptop by offering: ·          Easy online group ordering that simplifies the ordering process. ·          Ease payment terms. ·          Advance ordering – so they can place an order now for a meeting or event next week. ·          List online service provider like Food Panda , Zomato etc. 
Read more

Opportunity in Food Business Solution

-
If there's one thing that will always be in demand, its food. Everyone needs to eat, so there will always be a market for food-based businesses. With the overwhelming amount of restaurants and artisanal food purveyors out there, it can be tough to stand out, but with the right angle and marketing techniques, you can turn your culinary passion into a successful startup. If you love food or cooking, consider one of these below mentioned, as an individual or business owners can look in for the opportunity with Food .  Farm-to-table restaurateur, Ho Re Ca, Business Food Solution, Grocery & Food delivery, Food truck, Farmer's market vendor, Restaurant franchise owner, Personal chef, Nutrition coach etc. Oh! looks very broader area, the great market opportunity for business, well it's really huge. I will talk about food service industry In India, the market for organized Indian food service industry stands at the US $15 billion of the total market and is expected to g
Read more