The need to re-engineer India's skill ecosystem: Insights from experts
Hotline: 1800 102 2007
X
Search Business Opportunities
Skill Development 2016-09-29

The need to re-engineer India's skill ecosystem: Insights from experts

At the 9th Global Skills Summit by FICCI, industry leaders came together with policy makers and market observers to discuss the way forward to make India a skilled nation.

By Associate Editor
The need to re-engineer India's skill ecosystem: Insights from experts

Vocational Education and Skill Training in India is still at a nascent stage. However, the demand for skilled manpower is huge, and to bridge this gap, it is the need of the hour to re-engineer the skill ecosystem here. At the 9th Global Skills Summit by FICCI, industry leaders came together with policy makers and market observers to discuss the way forward to make India a skilled nation. One very important solution that came out was constructively bringing together India’s formal education and promoting on-the-job training and certifications.

A huge step in this direction was taken when the Ministry of Skill Development and Entrepreneurship was formed under the Narendra Modi government. However, a lot still needs to be done. As quoted in the KPMG-FICCI report on India’s skill ecosystem, according to the ministry, there would be an incremental requirement of skilling 110 million additional workers by 2020 and to achieve this and reskill the existing workforce, the ministry has embarked on a herculean task of skilling 400 million workforce by 2022.

This is where the role of the industry comes in. This is where both corporate and edupreneurs can pitch in and in fact tap the opportunity. Speaking at the Summit, Rohit Nandan, Secretary, Ministry of Skill Development and Entrepreneurship, said, “It is for the corporate to take a resolve that they shall not take an employee who is not trained.” He also called for corporates to spend CSR funds on skilling their manpower.

Mohandas Pai, Chairman, FICCI Skill Development Committee and Chairman, Manipal global Education, while convening the session on ‘Re-engineering India’s skill ecosystem’, also called for skill providers across the world to set up centres for excellence and skill development in India.

Educational institutions also need to come forward and promote the idea of Vocational Education and Skill Development. “There is a wide gap between what the industry wants and what educational institutes provide. That needs to be filled,” Pai said. He also added that the perception that formal education is more accepted than vocational education needs to change as it’s creating a chaos in the path to develop vocational training in the country.

Educationists also feel that higher education institutions need to provide not just knowledge, but skills and soft skills too. AK Srivastava, Vice President – Competency based education, Amity University, pointed out that while there are 757 universities in India, only 27 per cent of those students are employable. He said that Indian educationists need to take up the task of marrying the demand for skills to the supply of skills.

Startup Village Chairman Sanjay Vijaykumar also pointed out, “The problem we face is engineers who can’t engineer.” He added that there is a need to bring experiential learning in education. An interesting observation he made was as to how education must deliver three things – knowledge to gain more knowledge, skills to gain new skills and experience to learn from experiences.

The KPMG-FICCI report on India’s skill ecosystem also suggests that India can learn from Germany, UK and other nations where vocational education and formal education go hand in hand.

India is slowly moving towards becoming a skilled nation. However, there’s need and opportunity for more skill training institutions, skill universities and vocational training schools. There’s also a need for corporate to welcome skilled employees more openly. As Franz Probst, Founder and Chairman, SkillSonics, puts it, “India has a huge potential in the vocational education and training sector.”

Comment
Related opportunities
  • Laundry & Dry Cleaning
    About : Started in 2015, Spin N Press is a growing..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Become ASCENT ABACUS & BRAIN GYM franchisee today to be..
    Locations looking for expansion Haryana
    Establishment year 2003
    Franchising Launch Date 2005
    Investment size Rs. 50 K - 2lac
    Space required 300 sq. ft.
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gurgaon Haryana
  • Mobile & Communication/Internet Connections
    About Us: Rocking Deals is the ultimate destination for deal-savvy buyers..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • After School Activities
    Started in 2009, SportyBeans is India’s most reputed non-competitive multi-sport..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 1200-1500 sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts