EMERGING ENABLERS IN EDUCATION FOR CORPORATE EMPLOYABILITY
India’s population is huge and is fast expanding and is changing rapidly into the globalised economy. India is among the ‘young’ countries in the world. However, presently only a fraction of the total workforce in India has undergone formal skills training. India has a great opportunity to meet the future workforce demands of the world and is also emerging worldwide sourcing hub for skilled workforce, especially in the fields of information technology, construction and agriculture to name a few. Education cannot to be straitjacketed with schooling. It involves formal as well as informal training through experience of life. Schooling is a planned and organized learning process. Skill building can be viewed as a methodology to improve the effectiveness and contribution of workforce to the overall production. The pace of growth and quantum of changes in Indian socioeconomic growth is exerting huge pressure on the Indian education system. It will have to develop an appropriately skilled workforce that can meet the ever-changing human resource requirements industry is creating. These are ambitious targets that demonstrate an awareness of the need for signiﬁcant change. Consequently India is fast becoming a global hub for talent. It is extremely difficult, if not impossible, for an education system to respond to these challenges quickly and in the right ways – particularly in a country as large and as diverse as India. The education system is struggling to address signiﬁcant issues around basic skills.
So much of discussion is going on these days onSkill development. Let’s ﬁrst understand what are Skill Gap and Its impact. A skills gap is a signiﬁcant gap between an organization’s current capabilities and the skills it needs to achieve its goals. It is the point at which an organization can no longer grow or remain competitive because it cannot ﬁll critical jobs with employees who have the right knowledge, skills, and abilities.