Lack of vocational education causes poor skill levels of workforce, says economic survey
Updated: Feb 27, 2015 02:36:03pm
New Delhi, Feb 27 (KNN) The Economic Survey 2014-15 stated that lack of formal vocational education, lack of vide variation quality, high school dropout rates, inadequate skill training capacity, negative perception towards skilling, and lack of industry ready skills even in professional courses are the major cause of poor skill levels of India’s workforce.
According to the Labour Bureau Report 2014, the present skilled workforce in India is only 2 percent, which is much lower when compared to the developing nations. The number of persons aged 15 years who have received or be receiving skills is merely 6.8 percent, it said.
The survey has shown the cause for concern is the deceleration in the compound annual growth rate of employment during 2004-05 to 2011-12 to 0.5 percent from 2.8 percent during 1999-2000 to 2004-05 as against growth rate of 2.9 percent and 0.4 percent respectively in the labour force for the same periods.
There have also been structural changes to the share of primary sector in total employment has dipped below the halfway mark while employment in secondary and tertiary sectors have shown a considerable increase, it said.
The survey added that self-employment continues to dominate, with a 52.2 percent share in total employment with significant share of workers engaged in low-income-generation activities.
It also observed that there are other issues of concern like poor employment growth in rural areas, particularly among women.
In its conclusion, the survey stated that a major impediment to the pace of quality employment generation in India is the small share of manufacturing in total employment.
Promoting growth of micro, small, and medium enterprises (MSMEs) is critical from the perspective of job creation which has been recognised as a prime mover of the development agenda in the country, it added. (KNN/ST)
According to the Labour Bureau Report 2014, the present skilled workforce in India is only 2 percent, which is much lower when compared to the developing nations. The number of persons aged 15 years who have received or be receiving skills is merely 6.8 percent, it said.
The survey has shown the cause for concern is the deceleration in the compound annual growth rate of employment during 2004-05 to 2011-12 to 0.5 percent from 2.8 percent during 1999-2000 to 2004-05 as against growth rate of 2.9 percent and 0.4 percent respectively in the labour force for the same periods.
There have also been structural changes to the share of primary sector in total employment has dipped below the halfway mark while employment in secondary and tertiary sectors have shown a considerable increase, it said.
The survey added that self-employment continues to dominate, with a 52.2 percent share in total employment with significant share of workers engaged in low-income-generation activities.
It also observed that there are other issues of concern like poor employment growth in rural areas, particularly among women.
In its conclusion, the survey stated that a major impediment to the pace of quality employment generation in India is the small share of manufacturing in total employment.
Promoting growth of micro, small, and medium enterprises (MSMEs) is critical from the perspective of job creation which has been recognised as a prime mover of the development agenda in the country, it added. (KNN/ST)
Loading...
