As per an article in Business Today, India is facing a rising shortage of
skilled labour. Against a target of 8.5 million people for FY13, the National
Skill Development Corporation and the various ministries managed to achieve just
16.5% of their skilling target till mid-November 2012. By 2022, the 17
ministries have a huge target of skilling 350 m people. The chart of the day
shows the expected shortfall of skilled
labour force across some major industries in 2022.
This raises some major worries about India's future. If the teeming millions of India's youth are not skilled and productively employed, it is set to have far-reaching socio-economic repercussions on the country.
This raises some major worries about India's future. If the teeming millions of India's youth are not skilled and productively employed, it is set to have far-reaching socio-economic repercussions on the country.
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Souce: Business Today |
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