India’s falling short of its expectations on placement
India’s skills mission is under the flagship of Pradhan Mantri Kaushal Vikas Yojana (PMKVY). A decline in both training and placement is being noticed in the past six years for India’s skills mission. Of the expected 7.62 million, Pradhan Mantri Kaushal Vikas Yojana was able to train 6.59 million people. This r target came under the short-term training category according to data presented in Parliament. This category of people showed the only placement of 2.32 million between 2015 and 10 July 2021. This means that, of the expected percentile, the government’s target of placing at least 70% of trained and certified youth did not occur. Read more.
Skilling according to new-age jobs
Skill vouchers and individual training accounts will be the next process of marketing skilling. After the COVID-19 second wave, rampant job loss over the past 16 months took place. Most of the unemployment is centered around urban informal workers. There will be new opportunities as the economic recovery progresses but this won’t mean employment for all. The new-age jobs are shaped by increased digitization, demand for resilient supply chains, and portfolio shuffling by companies. To be a successful job seeker, one will have to skill themselves according to new-age jobs. The times are not very encouraging for young graduates when the situation is alarming for experienced workers. Read more.
Also Read: More skilling for women; Digital platform tie-up with the Delhi government
New Skill Council for PwD (SCPwD) to address the needs of the Divyangjan
The government will be implementing a central component for Pradhan Mantri Kaushal Vikas Yojana (PMKVY). National Skill Development Corporation (NSDC) would be assisting the process. The central component will be across the country including the Parbhani and Osmanabad district of Maharashtra. The participation of Divyangjan (Persons with Disability) will be promoted through incentives monthly conveyance support being directly paid to the candidates while financial support of Rs.5000 for assistive devices, aid, and appliances; and boarding and lodging as per Common Cost Norms being provided to the Training Provider (TP). The Skill Council for PwD (SCPwD) will be addressing the skilling needs of the Divyangjan. Read more.
South East Asian countries love Learntoupgrade
Continuing their education and upgrading their skills for better future prospects is what edtech platforms offer. Online education offered by edtech platforms is now one of the most sought-after ways for students across the globe. Learntoupgrade is one of the edtech platforms offering online education. which started operations in 2019. Learntoupgrade has witnessed huge growth not only from the Indian market but also from countries like Bangladesh, Nepal, Sri Lanka, and Singapore. They mainly offer short-term and certificate-based for students mainly undergraduates and graduates. Currently, the platform offers courses in Biotechnology, bioinformatics, biosciences, management, genomics, financial accounting, business analytics, virology, mechatronics, AI, drug discovery and development, animation, marketing. Read more.
