Interim report (July)
In this month of July, we had a discussion with the mentor for setting up a meeting. In this particular meeting, our team members have been introduced and we also discussed about the project that we are working on. Certain advices have been provided by the mentor regarding the client approaches and the process of secondary research. As per his suggestion, we decided to collect secondary data regarding the challenges and opportunities of skill development among the students in India. We gathered different data based on different databases. Mostly we collected relevant secondary data from GOOGLESCHOLAR.
On the basis of the secondary data, we have analysed that:
- Skill development is considered as one of the crucial aspects for creating jobs in India
- Low rate of participation of the individuals from the labour force is one of the major challenges in the development of skill among the students in India (Kanchan and Varshney, 2015).
- It has been estimated that by the year 2023, around 70 million people of age 15 to 59 years will be observed in the labour force of India. Therefore, based on this estimation, it is necessary for the country to equip workforce with knowledge and employable skills, which can be effective for the economic growth of India (Saini, 2015).
- Developing possibilities for the “private sector engagement” is one of the important strategic pillars for the process of skill development in India. Therefore, the future workforce needs to be engaged in training programs for meeting the dynamic needs of the digital revolution in different industries in India.
- As per the India Skills Report 2021, it has been observed that only 45.9% of the young students can be considered as “employable” as 60% of the young people are involved in labour force (Kapur, 2014).
- India has the opportunity of equipping its workforce with suitable skills as the country possesses maximum working population than any other countries globally.
- Both Public and Private sectors have aimed to impact the formal training. Moreover, the Government of India has the aim of implementing “The Public and Private Partnership” model as the private sectors is well equipped for training the students on “skill development” (Sharma and Nagendra, 2016).
Now, based on suitable Team work, we are about to prepare certain questions for implementing primary research. We have selected 10 students for an interview process and set certain questions for the interview, which are:
- What kinds of skills they possess?
- Are these skills appropriate for their employability?
- What are their preferences about Skill Development Training programs?
- Why they want to work on their skills and knowledge in future?
The group leader has sent the draft of the Email that we will send to the 10 selected participants to our mentor in order to provide us respective feedbacks. We have a plan for setting up the interview session in the next week.
Kanchan, S. and Varshney, S., 2015. Skill development initiatives and strategies. Asian journal of management research, 5(4), pp.666-672.
Kapur, R., 2014. Skill development in India. International Journal of Transformations in Business Management, 4(02).
Saini, V., 2015. Skill development in India: Need, challenges and ways forward. Abhinav National Monthly Refereed Journal of Research in Arts & Education, 4(4), pp.1-9.
Sharma, L. and Nagendra, A., 2016. Skill development in India: Challenges and opportunities. Indian Journal of Science and Technology, 9(48), pp.1-8.
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