Ensuring quality education is an integral part for the holistic development of a nation and therefore it further propels the development of economy. Expansion of higher education in terms of skill development not only enhances the nation’s competitiveness in the global scenario but also paves way for leading its socio economic development. In a country which is the second largest in terms of population and third largest in terms of education system. The education system is valued or rather has a market of USD 80 billion. In India 50% of the population is below the age of 25 and more than 65% of the total population is under the age of 35 which shows the need of bridging a gap between education and skill development in order to create employment. As education is of utmost importance it is necessary to focus on the youth and to provide them with a suitable impetus to reap the demographic dividend.
The Government with the Ministry for Skill Development and Entrepreneurship is working towards generation of employment through vocational education. The World Bank has referred India as Knowledge Economy in order to provide and achieve leadership in various sectors like healthcare, IT& ITes, entrepreneurship, tourism and other service driven industries.
There exists a skill gap. Skilled workforce provides the backbone for economic development of a nation. It is to be viewed that the employers are looking for individuals with technical skills. The education system must therefore try to establish a link with industry and employers in order to ensure quality of education and employability. With a population of 1.1 billion in the working age group of 15 to 59 years, there is a pressing need to address the skill development in India. The policy framing should put greater impetus on skill development and vocational institutes for the growth of the economy. Vocational Training has been so far associated with Government led till recently many private players have set up the private sector players who have set up training capacity across the country. There are various schemes along with various fee based employment training programmes. To achieve this India must be flexible in its education system. It needs to ensure the quality and accreditation is maintained by upgrading the course structure and inviting experts from the industry to contribute to skill development. By encouraging more private players to participate by providing institutes for skill development and affordable higher education institutes as well. It can be done by providing equal opportunities for higher education and addressing social and sectoral imbalances. More investments in the skill development is required. To increase employability potential by establishing Skill Development Framework is also one of the significant way in which higher education and skill development can see its growth. There should also be measures to ensure awareness among the employers to take certified skilled workers and fixing the lower limit of pay-scale. To bridge the skill gap the academia and industry should strengthen then tie ups along with policy reforms.
By Ms Aditi Joshi