Unemployment in India:
Creating new jobs is a crucial task and plays an important role in the economy. Drop in the financial market hits job market and creates unemployment. India has the largest population of youth in the world with about 66% of the population under the age of 35, so impact of declining financial market is the worst in India. Though education level in the recent years has increased but skill development is still a crucial issue. News of job openings succeeded by flooding of applications from graduates is normal news. But it jaw dropping when the job these MBA graduates and BTechs are applying is for the 114 posts of sweepers in Uttar Pradesh’s Amroha. The salary of the job is 17,000 Rs and number of applications for the 114 posts were 19,000.
Higher Education In India:
This mad rush for 114 sweeper jobs is symbolic of the growth pattern of India, our country’s failure to add jobs despite growing impressively. It also represents the shambolic state of higher education in India, where close 3.5 lakh students enroll for MBA across 3,364 institutes. According to one survey, only 10 % are employable. The lack of skill sets despite spending a lot on higher education forces post-graduates to take up menial jobs.
Brain Drain:
The primary reason for brain drain is the presence of quality higher education in western countries. A brain drain which has cost us many Indians who could have shaped the destiny of our country for good. India is going through a demographic dividend and to make the most of the dividend, it is important how effectively we educate and employ the youth of India. Failure to do so will be a failure of opportunity which won’t come knocking again.
Conclusion:
The CFSD Team requests the government both state and center to look into the higher education machinery in India and raise the budget for higher education substantially and also to find means to ensure we employ the graduates of our country effectively.
Creating new jobs is a crucial task and plays an important role in the economy. Drop in the financial market hits job market and creates unemployment. India has the largest population of youth in the world with about 66% of the population under the age of 35, so impact of declining financial market is the worst in India. Though education level in the recent years has increased but skill development is still a crucial issue. News of job openings succeeded by flooding of applications from graduates is normal news. But it jaw dropping when the job these MBA graduates and BTechs are applying is for the 114 posts of sweepers in Uttar Pradesh’s Amroha. The salary of the job is 17,000 Rs and number of applications for the 114 posts were 19,000.
Higher Education In India:
This mad rush for 114 sweeper jobs is symbolic of the growth pattern of India, our country’s failure to add jobs despite growing impressively. It also represents the shambolic state of higher education in India, where close 3.5 lakh students enroll for MBA across 3,364 institutes. According to one survey, only 10 % are employable. The lack of skill sets despite spending a lot on higher education forces post-graduates to take up menial jobs.
Brain Drain:
The primary reason for brain drain is the presence of quality higher education in western countries. A brain drain which has cost us many Indians who could have shaped the destiny of our country for good. India is going through a demographic dividend and to make the most of the dividend, it is important how effectively we educate and employ the youth of India. Failure to do so will be a failure of opportunity which won’t come knocking again.
Conclusion:
The CFSD Team requests the government both state and center to look into the higher education machinery in India and raise the budget for higher education substantially and also to find means to ensure we employ the graduates of our country effectively.
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