2013 dec-16 skills - success to life
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© Copyright Wadhwani Foundation
Skills – Success to Life December 16, 2013
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Wadhwani Foundation Vision and Mission
Assist in nation building through economic acceleration Creating Jobs for Millions
INDIA
BANGLADESH USA
We achieve high quality, large scale impact by creating opportunity networks and leveraging technology as linchpin
of all our Initiatives
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WF Initiatives and Goals
Enhance employability through skill development We revolutionize skill development through use of technology to create millions of highly-skilled knowledge workers, globally 5 Year Target: Skill and place 5MM in sustainable high-quality jobs
Enable large scale job creation through entrepreneurship We inspire, educate, and support first generation entrepreneurs to create millions of jobs 5 Year Target: Create half a million high-value jobs
Impact policies to accelerate India/US economic activity We strengthen the India-US relationship through a shared vision and a policy framework for economic acceleration 5 Year Target: Facilitate policy frameworks and actionable high impact policies that further US India economic development and cooperation.
Mainstream the educated disabled into corporate jobs We train and place disabled into sustainable high quality jobs 5 Year Target: Train and place 100,000 into corporate jobs
Promote world class research and innovation We propel India towards leadership in innovation by enabling world-class research and industry creation 5 Year Target: Facilitate and enable world class research at several prestigious Institutes in high-impact areas
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Education Scenario- Enrolment
Join Higher Edn: ~4.5 Mn
• We have made significant progress in keeping students in school.
• Only 1 out of 5 Children entering Class-1 joins Higher Education.
Source: All India Educational Survey, 2002, MHRD 2010-11
30.528.6
26.5 25.4 24.322.0 20.6 19.5
16.7 15.1
10.2 9.3
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
1 2 3 4 5 6 7 8 9 10 11 12
Mill
ions
Class
School Enrolment2001-02
2010-11
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India Way behind in Skill Education
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
15% 15% 19%
27% 31%
49% 54%
81%
Gross Enrolment Ratio for Higher Education
India’s target : 25.2% GER by 2017 (12th Five Year Plan)
Source : MHRD NVEQF & Planning Commission SCHE presentations
Source : Vital Stats: Higher Education in India, PRS Legislative Research, Oct 2010
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
India Japan US UK China Germany
4.8%
40% 46%
50% 50%
65%
% of Students in Vocational Education at Class 12 Level
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Skilling needs to align with the Economic Growth
• Most of vocational education focused on Manufacturing industry • 58% of India’s GDP now comes from Services Sector
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Indian Workforce
2004-05 2009-10
Total Workforce 457.8 459.1
Self-employed 258.4 232.7
Regular salaried 69.7 75.1
Casual Labour 129.7 151.3
Sources: National Sample Survey Organisation 2009-10, Planning Commission
53%
10%
37%
Distribution of Work Force
Agriculture
Manufacturing
Services
In Millions
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Education, Skills and Employment
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FOUNDATION SKILLS AND SOCIAL AND ECONOMIC DISADVANTAGE
The increased likelihood of experiencing social and economic disadvantage, by foundation skills level, adults aged 16 to 65
Source: OECD
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Types of Skills Required
Three Core Skills
• Academic Skills
• Employability Skills
• Domain / Technical Skills
Employability Skills For global Economy
• 4Cs
• Critical Thinking and problem solving
• Communication
• Collaboration
• Creativity and innovation
• Information, media and technology skills
• Life and career skills
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Why Skills are so important
Satisfy job requirements/qualifications
Quantifiably stratify job applicants
Transferrable
Command higher salaries
Grow professionally and personally
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Acquiring Domain & Employability Skills
Guru – Chela Process
• Not a scalable model
Formal Skill Training
• Introduces appropriate technology, methods and processes
• Certification of Skills
• Higher employer acceptability
• Leads to Societal recognition and self-confidence
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Skills • Employment / Self-Employment
• Higher Salaries
• Career Advancement
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Thank You