Article link: India
among most ready-to-recruit markets for in-demand skills: Study - The Economic
Times
Extract
from the article:
The article highlights India's ranking as 25th globally in
preparing its job market for future skills like AI, digital, and green
technologies. It mentions the importance of aligning skill development with
industry demands to ensure a competent workforce.
Despite a growing emphasis on skill development, challenges
persist in meeting the demand for skilled professionals.
In India, the focus on apprenticeship and upskilling
initiatives is crucial to bridge the gap between job market requirements and
available talent.
The need to enhance collaboration between industry
associations, government, and educational institutions is emphasized to boost
skill development efforts.
This study underscores the significance of proactive
measures to equip the workforce with the necessary skills to thrive in a
rapidly evolving job market landscape.
My
Take:
Reflecting on the declining employability of Indian youth
due to a lack of adequate skilling, the current scenario underscores the
urgency to address the mismatch between skill development programs and industry
needs.
The call for third-party involvement in scaling up
apprenticeships aligns with the idea of collaborative efforts to enhance
workforce readiness.
Emphasizing apprenticeship training as a successful model
resonates with the importance of practical, on-the-job training for cultivating
industry-ready professionals.
Predicting
Skills Requirements
The mention of predicting skills requirements by leaders
underscores the need for foresight in aligning skill development initiatives
with market demands.
Narendra Modi's call for an online platform to identify
in-demand skills echoes the importance of leveraging technology to bridge the
skills gap. By anticipating and responding to changing skill requirements,
organizations and governments can proactively shape a future-ready workforce.
Call
to Action:
To the Indian government and industry associations,
collaborate closely to design comprehensive skill development programs that
address the evolving needs of the job market.
Prioritize initiatives that promote apprenticeships and
upskilling to equip the workforce with the required competencies. Let's work
together to ensure India's position as a global leader in nurturing talent for
the future.
With regards,
Hemen Parekh
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