No education and no skills means only one thing. No Future.
This gap of 6.5 million unemployed youth is only growing with every passing year – a condition compounded by two major problems.
The Education- Employment Paradox
Today, the average unemployment rate in India is 2.6%. But the solution does not lie with higher education alone, as the numbers prove below.
A fruitless vocation
While there are several vocational training initiatives offering short-term courses to young school dropouts, including those backed by the government, they do not necessarily improve employability.
Studies show that only a small fraction of this group retains jobs for more than a year. Further, hampered by a lack of formal education and the required soft skills, many fall behind on their career progression.
Between an education system that imparts knowledge but doesn’t help secure a job, and a skilling environment that guarantees jobs but not long-term careers, the Indian youth find themselves in a vulnerable position.