We saw in the early 80’s, graduates in our nation faced unemployment despite decent scholastic abilities. However, we witnessed India flirting with economic reforms in the last decade of 20th century and the international conglomerates got their services and products out-sourced to us.
Our country has become the third largest higher education market worldwide with over 36 lakh graduates who come out of college and universities every year. Yet, why are the international and national companies scared of giving jobs to Indian graduates who has 15-16 years of formal education? They feel Indian graduates lack certain job skills? This is the foremost question of the day!
Lack of job skills? Obsolete syllabus? Poor academic delivery? Lack of work culture exposure? Over-emphasis on scoring higher than gaining knowledge? And what more???
Let the Industry Speak Now!
“Only 25% of over 36 lakh graduates pass-outs are employable in IT-BPO sector,” feels Nasscom.
“64% of surveyed employers are somewhat / not-very / not-at-all-satisfied with the quality of engineering graduates and their job skills,” indicated a World Bank and Federation of Indian Chambers of Commerce and Industry’s survey.
Also, the Experts too Speaks!
“Our education system must be revolutionized and the institutions must be revamped to go to the next level of education ladder to produce a generation of skilled, educated, trained, productive and employable youngsters,” feels Smt. Prathibha Patil, former President of Republic of India.
“The enrollment of students in India is high, but the quality of education is still poor. Even some of the best institutes like IITs and IIMs are MITs in terms of quality of education,” feels Elizabeth M King, World Bank Director Education.
This blog should work as an eye-opener, that it’s UNEMPLOYABILITY and not UNEMPLOYEMENT that is making Indian graduates jobless! So, the question for the day is that when the industry is updating itself very fast with global market requirements, when are we going to make ourselves more employable???