A new survey, conducted on Friday, revealed that 92 percent of Indian youth are ignorant of online assignment services. Government jobs rank highest among first-time job seekers the survey revealed. The survey, focused on unlocking solutions to advance employment prediction for Indian youth, was presented at the 6th Annual edition of the India Education Entrepreneurship Day (IEED) by the non-profit association, Michael & Susan Dell Foundation (MSDF).
For the study, 1,605 students participated, while the researchers found that 92 percent of Indian youth are unaware of online placement services. It also revealed that 38 per cent of young professionals want to pursue entrepreneurship, while 88 per cent of youth are devoid of a technical diploma or certificate.
“Through this report, our objective at MSDF is to bring some of the pressing challenges in the Indian education and employment ecosystem to the notice of policy-makers, market participants, and other key stakeholders,” said Rahil Rangwala, Program Director, Michael & Susan Dell Foundation.
What did the study highlight??
The study highlighted that most people consider that over 12 million people enter the labor force in India every year, whereas the information shows genuine numbers to be fewer than five million; and the youth redundancy rate emerged to be three times that of general unemployment.
Further, nearly 56 per cent of the examinee asserted that their education and professional training were insufficient to improve their projection of landing a better, high-value job.
highlighted the need for gender inclusive work places by correlating it with
“higher levels of performance and innovation”.
“Inclusive hiring improves firm-level growth by allowing companies to attract and retain top talent and better serving consumers in markets or sectors where women are a key customer segment,” it said.
Geetika Dayal, who hosted the event, said “TiE’s mission has always been to gather major ecosystem stakeholders under one roof with the overarching aim of driving the country towards a progressive future,”
Dayal said, “The research will empower the government as well as the industry bodies to fulfill job-related aspirations of the young, employable workforce in India.”