Towards a skilled and empowered India
Vocational training has been one of the major topics of discussion for policymakers in India for the past couple of years now. The country’s population is expected to reach 1.3 billion over the next six years (by 2020), with almost 60% being in the employable age group of 15-59 years. A research by Boston Consulting Group has also estimated that, by 2020, India will have a surplus of around 47 million of the active population. Simply said, this means that we will have a remarkable 60% of total population available for working and contributing towards GDP, but out of this total pool, only 25% will find employment in the job market.
Vocational training has been one of the major topics of discussion for policymakers in India for the past couple of years now. The country’s population is expected to reach 1.3 billion over the next six years (by 2020), with almost 60% being in the employable age group of 15-59 years. A research by Boston Consulting Group has also estimated that, by 2020, India will have a surplus of around 47 million of the active population. Simply said, this means that we will have a remarkable 60% of total population available for working and contributing towards GDP, but out of this total pool, only 25% will find employment in the job market.
Read the Financial Express news report here.
