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Questions and Answers
What is the estimated number of fresh entrants to the workforce that will need to be skilled by 2022?
What is the estimated number of fresh entrants to the workforce that will need to be skilled by 2022?
- 16.16 million
- 26.14 million
- 104.62 million (correct)
- 298.25 million
What is the main reason for the negative public perception on skilling?
What is the main reason for the negative public perception on skilling?
- Societal norms (correct)
- Lack of economic incentives
- Inappropriate infrastructure
- Unemployment
How does industry treat skilled and unskilled workers?
How does industry treat skilled and unskilled workers?
- Skilled workers are not valued by the industry
- Skilled workers are paid more than unskilled workers
- Skilled and unskilled workers are treated equally (correct)
- Skilled workers are treated better than unskilled workers
What is the main issue with vocational training programs?
What is the main issue with vocational training programs?
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What is the main challenge with skill development programs?
What is the main challenge with skill development programs?
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Study Notes
- 26.14 million people enter the workforce age group every year
- 16.16 million of them need to acquire skills
- 104.62 million fresh entrants to the workforce by 2022 will need to be skilled
- 298.25 million of existing workforce will need to be skilled, reskilled, and upskilled
- Appropriate infrastructure needs to be created for skilling across sectors and regions
- Public perception on skilling is negative due to societal norms and lack of economic incentives
- Industry treats skilled and unskilled workers at par
- Vocational training programs are not aligned with industry requirements
- Unemployment coexists with lack of skilled workers
- Skill development programs are spread across multiple ministries without coordination
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