The Big Fight: High On Growth, Low On Jobs?

  • 52:41
  • Published On: June 10, 2017
Cinema View
Embed
The world is in a state of flux - more so if you are entering the job market. With artificial intelligence, robotics, automation eating away low-skilled, vocational jobs what are millions of people who enter the job market every year going to do? The China model of mass manufacturing and export cannot be replicated anymore in today's world. Are start-ups the way out? Perhaps. But, only if you are a skilled worker. For all the semi-skilled or unskilled workers, the situation is really problematic. Will they depend on government doles for day-to-day existence? The Modi government had placed a lot of emphasis on skill development but the lack of a strong education base and low industry demand is affecting their prospect. The industry, while admitting the changing scenario, is looking for niche skills - nano technologists, experts on robotics, high-end researchers, experienced managers in assembly line production but our education sector has been unable to keep pace with the changing demand. According to an Ernst & Young and FICCI study, over 80 percent of India's engineering graduates and around 90 percent of MBAs are unemployable. It's high time that we completely overhauled our education system. But in the short run, people have to be flexible enough to re-skill themselves and look for work in SMEs or be ready to tread the path of entrepreneurship.

Related Videos

Supreme Court Raps Delhi Air Quality Panel
September 27, 2024 47:40
Economic Resurgence? China Takes Big Step To Revitalise Growth
September 25, 2024 3:45
US Pledges $202 Million Aid For Bangladesh, What Is On Its Reform Agenda
September 16, 2024 11:23
China-Russia Complete 1st Round Of Military Drills, US Commits To Bangladesh's Economic Growth
September 16, 2024 23:06
"India Has To Think About The Act Of Production": Rahul Gandhi In US
September 09, 2024 3:37
'In India's Prosperity Lies The World's Prosperity…': PM At World Leaders' Forum
September 01, 2024 5:25
India's GDP Growth Slows To 6.7% In April-June Quarter
August 30, 2024 1:32
⁠RBI Governor Asks Banks To Be Proactive In Dealing With Liquidity Management
August 20, 2024 9:57
RBI Governor Explains Measures Needed To Ensure 'Viksit Bharat' By 2047
August 20, 2024 5:37
One-Off 4% Inflation Reading Not Enough To Drive Policy Changes, Says RBI's Das
August 20, 2024 4:31
RBI Governor Shaktikanta Das On Fintech Regulation
August 20, 2024 4:41
RBI Governor Shaktikanta Das On Use Of AI
August 20, 2024 1:53
  • Family Of Indian Woman, Found Murdered In Car In UK, Speaks To NDTV
    November 21, 2024 3:15

    Family Of Indian Woman, Found Murdered In Car In UK, Speaks To NDTV

  • Congress Agenda To Tarnish India Image: BJP Amid Allegations Against Adani Group In US
    November 21, 2024 2:46

    Congress Agenda To Tarnish India Image: BJP Amid Allegations Against Adani Group In US

  • Russia Launches ICBM At Ukraine In Stern Message To Kyiv, Western Allies
    November 21, 2024 2:17

    Russia Launches ICBM At Ukraine In Stern Message To Kyiv, Western Allies

  • India, Australia Sign Deal For Air-To-Air Refuelling Of Military Aircraft
    November 21, 2024 1:55

    India, Australia Sign Deal For Air-To-Air Refuelling Of Military Aircraft

  • ICBM Ukraine | Russia Attacks Ukraine With Intercontinental Ballistic Missile, Claims Kyiv
    November 21, 2024 1:56

    ICBM Ukraine | Russia Attacks Ukraine With Intercontinental Ballistic Missile, Claims Kyiv

  • As Pollution Peaks In Delhi, Kolkata Acts To Improve Air Quality
    November 21, 2024 2:26

    As Pollution Peaks In Delhi, Kolkata Acts To Improve Air Quality

  • Official In Telangana Caught Taking Bribe, Chief Minister Seeks Report
    November 21, 2024 1:25

    Official In Telangana Caught Taking Bribe, Chief Minister Seeks Report

  • 30 Telangana Students Fall Ill At School, Worms Found Inside Mid-Day Meal
    November 21, 2024 2:50

    30 Telangana Students Fall Ill At School, Worms Found Inside Mid-Day Meal

  • "Baseless And Denied": Adani Group On A US Government Department Report
    November 21, 2024 0:57

    "Baseless And Denied": Adani Group On A US Government Department Report

  • What Is A 'Bomb Cyclone'? Meteorologists explain
    November 21, 2024 2:44

    What Is A 'Bomb Cyclone'? Meteorologists explain

  • Exclusive: Sara Ali Khan And Kedarnath - A Match Made In Heaven
    November 21, 2024 1:12

    Exclusive: Sara Ali Khan And Kedarnath - A Match Made In Heaven

  • Sara Ali Khan on Family Holidays: It's Always 'UK vs UK'
    November 21, 2024 8:12

    Sara Ali Khan on Family Holidays: It's Always 'UK vs UK'

  • Sara Ali Khan's Rapid Fire With NDTV: From Top 5 Cities To Weirdest Item In Her Room
    November 21, 2024 1:59

    Sara Ali Khan's Rapid Fire With NDTV: From Top 5 Cities To Weirdest Item In Her Room

  • "Comedian", Banana Taped To A Wall, Sells For $6.2 Million In New York
    November 21, 2024 0:33

    "Comedian", Banana Taped To A Wall, Sells For $6.2 Million In New York

  • Iceland Volcano | Iceland’s Reykjanes Peninsula Hit by 7th Volcanic Eruption Since December
    November 21, 2024 1:48

    Iceland Volcano | Iceland’s Reykjanes Peninsula Hit by 7th Volcanic Eruption Since December

  • BJP, With Kailash Gahlot At Fore, Launches 'Sheeshmahal' Protest Against AAP
    November 21, 2024 0:43

    BJP, With Kailash Gahlot At Fore, Launches 'Sheeshmahal' Protest Against AAP

  • BJP, With Kailash Gahlot At Fore, Launches 'Sheeshmahal' Protest Against AAP
    November 21, 2024 10:40

    BJP, With Kailash Gahlot At Fore, Launches 'Sheeshmahal' Protest Against AAP

  • AAP Names 11 Candidates In First List For Delhi Polls Due By February
    November 21, 2024 2:20

    AAP Names 11 Candidates In First List For Delhi Polls Due By February

  • BJP Protest In Delhi | BJP Protests Over Arvind Kejriwal's "Extravagant" Bungalow
    November 21, 2024 0:51

    BJP Protest In Delhi | BJP Protests Over Arvind Kejriwal's "Extravagant" Bungalow

  • BJP Protests Over Arvind Kejriwal's "Extravagant' Bungalow
    November 21, 2024 9:46

    BJP Protests Over Arvind Kejriwal's "Extravagant' Bungalow

  • Delhi's Iconic Bikaner House Could Be Closed Over Arbitral Dispute
    November 21, 2024 3:26

    Delhi's Iconic Bikaner House Could Be Closed Over Arbitral Dispute