2. Young people are in a
vulnerable state in the
labour market, many of
them lacking the skills,
work experience, job-
search abilities and
financial resources to
find employment.
The global economic crisis
has created even greater
challenges for youth.
Facing a premature end to
education and
deterioration of
livelihoods owing to
financial hardship, many
find that the only work
open to them involves
poor working conditions
and low wages.
Current economic crisis in India is
deeply owed to the high imports
and relatively negligible exports
Why import? Answer:
Weâre not self-reliant.
Crude oil and other
goods, that India Indiaâs
not blessed with, are
imported.
Why other goods and
services?
No dearth of jobs,
dearth of efficiency and
skillset, thatâs required.
ï±Youth have sought higher education but not proficiency in the practical realm.
ï±Youth is fashion-conscious but do not how to present themselves.
ï±Youth knows many languages but does not know how to answer in an interview.
An 'unemployed' existence is a worse negation of life than death itself.-Jose Ortega y Gasset
3. Proposed Solution
Industry Linkages: The
FYUP Plan
The Four Year Undergraduate
Program (FYUP) could well have
been the game changer for Indian
youth with respect to
employability, and boosting skill
sets. But as is the case with India,
proper implementation and honest
view of the stakeholders in the
program was missing.
So our plan focuses on the steps to
be taken to improve the
educational and marketable aspect
of employability.
4. Foundation
Courses
âą Foundation Courses to be introduced at the school level for holistic development and better understanding of the
various options available for careers.
âą Aptitude tests should be a regular feature in schools to utilize the abilities of each individual to his/her best
advantage.
Vocational
Training
âą Attract people to Vocational Education at a young age (preferably 15-18 years).
âą Training modules should also include basic courses covering employability skills, such as civic studies, English language
and computer skills.
Internships
âą Trainees/ Students should compulsorily work for a company in their core sector, as a part of an apprenticeship. Paying
stipends can provide a great incentive to continue training.
âą Field trips , case studies and research projects/papers to be a compulsory part of the curriculum to understand industry
requirements.
Soft Skills
âą Introducing compulsory courses on soft skills, personality development and grooming can go a long way in improving
the skillsets of youth.
âą Entrepreneurship Courses to be a compulsory part of the curriculum irrespective of stream to create an equilibrium
between demand and supply of skilled personnel.
5. Merits for Stakeholders
âą Get knowledge about various career options at a foundation level and
build upon their choice of subject.
âą Trainees get exposure from host of people from the sector of their interest
through means of internships and research projects.
Students/
Trainees
âą New and dynamic approach to subjects gives an opportunity of
exponential personal growth.
âą Practical approach and hands â on experience gives way to collaborative
learning.
âą Creation of more teaching jobs led by increased subjects. Both creation as
well as supply looked after.
Teachers
âą Get opportunities for high level national growth by creating a match
between demand supply of personnel.
âą Right knowledge at the foundation level opens up a plethora of areas for
India to excel in and compete with the world.
âą More employees -more production -stability in the current account.
Government
6. Human Resources
Foundation Courses
âą Guides needed for proper implementation of foundation courses and
aptitude tests to utilize manpower according to talent & capacity.
Vocational Institutes
âą Opening up of more institutes like NSDC to increase the potential and
visibility of vocational education.
Internships
âą Companies willing to offer internships and collaborate on research
projects for trainees to get hands on experience.
Soft Skills
âą Setting up of government institutes specialising in imparting soft skills,
grooming, and personality development techniques, which will conduct
various workshops in different institutes.
7. Financial Resources
ï Government Funding to set
up more institutes like NSDC
and specific institutions for
imparting soft skills.
ï Infusion of private capital in
different models to increase
visibility and at the same
time, efficient utilisation of
funds. Hiring industry experts
for frequent interactions to
understand industry
requirements in terms of field
trips, workshops on basic
things for employability like
resume writing etc., and
research projects.
8. Proposed Sponsors
Companies invest in the
development of marketable
soft skills, personality
development and vocational
training institutes.
In turn, trainees do internships
with these companies to gain
exposure, thus creating a pool
of prospective employable
personnel with companies.
Mutually
Beneficial
Scenario
Central/ State Governments
Private Capital
Foreign Investment
Banking/Insurance Sector
9. Sustainability
âą Long term solution.
âą Helps youth in procuring
employment.
âą Utilise demographic dividend
that the country will enjoy.
âą Sustainability guaranteed.
Scale
âą Large scale implementation.
âą Affects every institute in every
Indian state and province.
âą Aids companies in reaching
100% employment.
Monitoring
Mechanisms
âą Regular student/ trainee
feedback about problems faced
suggested improvement.
âą Continuous student/trainee
evaluation and assessment.
âą Conducting mock interviews
and testing trainees in actual
job environment to enable
them to perform to the best of
their abilities.
10. SWOT Analysis Of The Proposed Solution
âą Practical as FYUP has already seen implementation of foundation courses.
âą Introducing changes in the education sector implies that it is implemented
all across India, which is its true essence
âą Focuses on imparting marketable and employable skills, basically the
solution of the problem.
Strengths
âą Requires a lot of funding to be implemented all across India.
âą Will end up as a disaster if itâs not properly implemented.Weaknesses
âą Best time to introduce case studies and research projects, so that
theoretical knowledge is linked with real world situations.
âą Creation of jobs by opening up new institutes, for development of soft skills
and personality development. Fuels growth.
Opportunities
âą Student backlash against introduction of foundation courses and research
projects.
âą Lack of private funding will mean less intake of interns, and less exposure,
thus completely changing the game plan.
Threats
11. Thank You
A Presentation by students of Lady Shri
Ram College For Women:
Arushi Nagpal
Deboleena Dutta
Ishita Sharma
Nidhi Mardi
Saumya Kaul