Each month a million young men and women are joining the workforce and a majority of them are those from smaller towns and cities, who didn't win the ovarian lottery. To ensure these kids don't lose their future, the Modi government needs to direct our political, economic and social agenda on specific areas that can give a fillip to both employment and employability. And what better time to initiate the process than the first budget!
Here are five key areas in hiring that need immediate ..
1. Move from job preservation to job creation: The only form of social security and national security our country can afford for its 1.2 billion populations are jobs. While we have witnessed two decades of growth it doesn't seem right because we have added far more informal jobs during the same period than formal.
There is a myopic possessiveness around our labour laws which seem to protect a ridiculous minority of 6% of our workforce only. And they have been allowed to freely hijack the agenda against reforms in the name of protection of the jobs in the formal sector.
In the process, they have compelled nine out of every ten kids joining the workforce to take up employment in the informal sector. Either that or be self-employed, as the poor can't afford to remain unemployed.
In the process, they have compelled nine out of every ten kids joining the workforce to take up employment in the informal sector. Either that or be self-employed, as the poor can't afford to remain unemployed.
2. Build More Cities with Infrastructure to Support: Physical geography of work is interesting purely seen from the point of view that in the past few years it has become hard to get kids to migrate. China has more than 400 cities with more than a million people while India has only 50. India has 6lakh villages, 2lakh of those have less than 200 people.
3. Go Local: India's uniqueness is its ability to excel despite its disparities, be it in culture, in beliefs, in natural resources, in language, in religion and much else. While at times it seems like the country's biggest challenge it also happens to be its biggest strength. Each state needs to be empowered suitably to take decisions around everything which impacts employment, employability and education.
3. Go Local: India's uniqueness is its ability to excel despite its disparities, be it in culture, in beliefs, in natural resources, in language, in religion and much else. While at times it seems like the country's biggest challenge it also happens to be its biggest strength. Each state needs to be empowered suitably to take decisions around everything which impacts employment, employability and education.
4. Concept of community colleges and Vocational Courses: As much as we wish every kid in India cannot be a doctor or engineer or MBA. They can't afford to leave home to pursue their interest in one of the metros. So what does an average kid do to make a good living? More importantly given that NOC data suggests that 90% of our jobs in India require skills and not knowledge.
5. Incentivize Entrepreneurship: Sergie Brin and Larry Page were both in their twenties when they established Google and Mark Zuckerberg was just nineteen when he launched Facebook. Our kids from India have been making Google and Facebook the billion dollar companies that they are, however it's a pity that India has still not been able to produce its own Page or Zuckerberg yet.
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