As per an estimate prepared by the Organization for Economic Cooperation
and Development ( OECD ) , the total pool of graduates in the world is expected
to expand from 129 million in 2010 to 204 million in 2020 ( graduates between
25 and 34 years of age )
In 2020 , which countries will lead in this expanding army of graduates
?
- China ………………………………..
59.2 Million ( 29 % )
- India …………………………………
24.5 Million ( 12 % )
- USA
……………………………….. 22.4 Million ( 11
% )
- Russia ………………………………. 14.3
Million ( 7 % )
- UK …………………………………….. 8.2
Million ( 4 % )
- Rest …………………………………. 75.4
Million ( 37 % )
Indian scenario (2011), looks as follows :
- Gross Enrollment Ratio ( 18-23 years old )………………
16 %
- Graduate % age of population
( “ )
……………… 8 %
- Graduates with B.A Degree ………………………………………….33 %
- No of Universities ………………………………………………………
523
- No of Colleges …………………………………………………………….
33,000
- Students graduating / year
………………………………………. 3.5 Million
- Engineers graduating / year
…………………………………… 1.0 Million
- Unemployed registered with Employment
Exchanges… 41 Million
- % age of “ Employable “ graduates ( one estimate)
……10 %
But will there be jobs ?
Hemen Parekh
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