10/10/2022 - Economy

KEY POINTS

·        The India Skills Report 2022 reveals that employability across most education streams is in the range of 40-55 per cent.

·        In a country that has an unrivalled youth demographic, we need an effective pathway to make a smooth education to livelihood transition.

·        This is minuscule when compared to apprenticeship opportunities the world over  0.5 million in the UK, 3 million in Germany, 10 million in Japan, and 20 million in China.

·        Challenges such as lack of awareness and information, perception of over-regulation, and complex enrolment processes have led to this tepid response to apprenticeship in India.

·        Introduce apprenticeship as a compulsory component of career guidance and counselling in schools, colleges and vocational institutes.

·        Skill ecosystem enablers should reach out to more than one million MSMEs registered on Uddyam platform in a targeted manner to educate, encourage, and support them to hire a few apprentices per year.

·        MSME outreach wouldn’t be successful without the proactive involvement of local industry chambers and associations.

·        Apprenticeship training contracts should be counted as the placement target of the training partners under the skilling scheme’s outcome-linked funding.

·        Lack of awareness, misconceptions that confuse apprenticeship with internships or unpaid exploitative labour, and ambiguity about the on-boarding process are the most critical roadblocks.

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