Majority of the Indian Fresh Grads are passing out every year and large number of youths are in the race of finding the job in this hard core economy to reach their desired destinations. As everyone believe that it is the youths in our country considered as the future representatives of the nation at the global level, don’t you think they must be given good opportunities to showcase their talents and utilize their skills at their best level to help the country’s economic growth?Despite of the fact that Indian economy has grown robustly in the recent years,, many unemployed youths as well as aged graduates have engaged themselves in farming [especially at the rural India] as they failed to get a better paying job. Even though some of them are employed, they are just working for low wage service sector with a poor working condition. Though the higher education enrollment has grown in the recent years, the problem of graduate unemployment has deteriorated.
Around 300,000 engineers who graduate from more than 1058 colleges in our country receive poor training, lack useful job skills. Because of this reason large section of the engineering grads are left company- less.
As it was said by the Associated Chambers of Commerce and Industry of India [Assocham], rapid economic growth in the country is projected to generate about 15 million jobs; at the mean time around 75 percent of the candidates require vocational training because if it fails it can lead to a slowdown in the country’s economic growth. The report by Assocham has also added that, even though India has the largest youth force in the world, millions of Indian fresh grads have remained jobless because of the reason they lack proper vocational training.Asscom report had quoted that, “Indian youths are not only unemployed but they are also unemployable” as 90 percent of the jobs in sectors like IT, Biotech and other service sectors are all those jobs which requires skill based training. But at present just around 6 percent of the total workforce have the opportunity to receive such training.
In spite of jobs created in sectors like real estate, infrastructure, financial services, retail and other sectors, the youths who have graduated in streams like engineering, medical, arts have less chances of getting into such sectors as these sectors require a different sort of skilled manpower.
The main problem at present in the country is that, Indian system is suffering in two totally different ways when it comes to unemployment like the country’s small professional sector caters to less than five percent of students suffer from poor demand due to low prestige and quality, when it comes to higher education, it fails to supply graduates with the skills and competencies that are required by the labor market, reports Pawan Agarwal on Harvard International Review Website.The combination of professional training with the higher education sector can cure this major problem of the Indian system and can help both sectors to flourish and grow.
When it comes to Engineering field, the absence of good enough placement officers, lack of good enough contacts within the industry and shortage of database of graduates result are the engineering colleges’ sad plight. Many a times the companies are not aware of the existence of many of the engineering college, let alone visit their campus for recruitment.
“Students who don’t get placed are pretty much left to their misery,” comes the honest remark from Dr R Dattakumar, Placement Officer at National Institute of Engineering (N.I.E), one of the top engineering colleges’ in Mysore [Karnataka]. “When students find themselves without a job offer, they are forced to rethink their career options.”Inability to find jobs owing to lack of campus placement facilities, and peer pressure has forced many engineers turn to the BPO industry for employment. Meanwhile, Companies often complain that they don’t find the right candidates. A recent report stated that only eight to ten percent of the engineers churned out by the academia are fit to be employed by the industry.
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