The 3Es Vital for India’s Economic Progression

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The 3Es Vital for India’s Economic Progression

As India continues its jobs and unemployment debate, with new statistics and rhetoric at every stage, what are the factors that form the crux of the challenges to address the skills and jobs crises facing the country?

Rituparna Chakraborty, Co-founder & EVP, TeamLease Services, brings the focus back on productivity and what it hinges on, namely the 3Es – Employment, Employability, and Ease Of Doing Business (EODB). In the 2019 context, employment will undergo transformation due to the interplay of forces such as Industry 4.0, need for reskilling and the impact of sales and logistics on skills demand. When it comes to employability what role do apprenticeships and vocational skills training play? Finally, India’s recent jump to rank 77 on the EODB index made for extremely positive headlines. But has enough power been shifted to micro, small and medium enterprises (MSMEs), a massive source of employment generation in India? How can India sustain its climb on the EODB rankings ladder? Read here to find out.

What Skill India Needs

 Santosh Mehrotra, a lead author of the National Skills Qualification Framework (NSQF), and Professor of Economics, Centre for Labour, JNU, and Ashutosh Pratap, Policy Advisor and Strategist, share their views on what realignment and re-thinking are needed for Skill India to truly make a mark in India’s quest for skills and jobs. The NSQF was introduced in 2013 to bring about standardisation in competency-based skills training and certification. The aim was to implement the framework by the end of 2018. Has it made any inroads? The authors examine the performance of the NSQF from the point of view of the India Skills competition, a platform to showcase vocational and skills-based talent initiated by the Ministry of Skill Development and Entrepreneurship. They also look at the contribution of what they call the ‘five pillars of the skills ecosystem’ to the India Skills platform. Looking forward the authors suggest how the India Skills competition can be improved upon in the context of the NSQF, the Sector Skills Councils and other major players of the skill building landscape. Find out here.