2013 dec-16 skills - success to life

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Skills – Success to Life December 16, 2013

© Copyright Wadhwani Foundation

Wadhwani Foundation Vision and Mission

Assist in nation building through economic acceleration Creating Jobs for Millions

INDIA

BANGLADESH USA

We achieve high quality, large scale impact by creating opportunity networks and leveraging technology as linchpin

of all our Initiatives

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WF Initiatives and Goals

Enhance employability through skill development We revolutionize skill development through use of technology to create millions of highly-skilled knowledge workers, globally 5 Year Target: Skill and place 5MM in sustainable high-quality jobs

Enable large scale job creation through entrepreneurship We inspire, educate, and support first generation entrepreneurs to create millions of jobs 5 Year Target: Create half a million high-value jobs

Impact policies to accelerate India/US economic activity We strengthen the India-US relationship through a shared vision and a policy framework for economic acceleration 5 Year Target: Facilitate policy frameworks and actionable high impact policies that further US India economic development and cooperation.

Mainstream the educated disabled into corporate jobs We train and place disabled into sustainable high quality jobs 5 Year Target: Train and place 100,000 into corporate jobs

Promote world class research and innovation We propel India towards leadership in innovation by enabling world-class research and industry creation 5 Year Target: Facilitate and enable world class research at several prestigious Institutes in high-impact areas

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Education Scenario- Enrolment

Join Higher Edn: ~4.5 Mn

• We have made significant progress in keeping students in school.

• Only 1 out of 5 Children entering Class-1 joins Higher Education.

Source: All India Educational Survey, 2002, MHRD 2010-11

30.528.6

26.5 25.4 24.322.0 20.6 19.5

16.7 15.1

10.2 9.3

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

1 2 3 4 5 6 7 8 9 10 11 12

Mill

ions

Class

School Enrolment2001-02

2010-11

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India Way behind in Skill Education

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

15% 15% 19%

27% 31%

49% 54%

81%

Gross Enrolment Ratio for Higher Education

India’s target : 25.2% GER by 2017 (12th Five Year Plan)

Source : MHRD NVEQF & Planning Commission SCHE presentations

Source : Vital Stats: Higher Education in India, PRS Legislative Research, Oct 2010

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

India Japan US UK China Germany

4.8%

40% 46%

50% 50%

65%

% of Students in Vocational Education at Class 12 Level

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Skilling needs to align with the Economic Growth

• Most of vocational education focused on Manufacturing industry • 58% of India’s GDP now comes from Services Sector

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Indian Workforce

2004-05 2009-10

Total Workforce 457.8 459.1

Self-employed 258.4 232.7

Regular salaried 69.7 75.1

Casual Labour 129.7 151.3

Sources: National Sample Survey Organisation 2009-10, Planning Commission

53%

10%

37%

Distribution of Work Force

Agriculture

Manufacturing

Services

In Millions

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Education, Skills and Employment

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FOUNDATION SKILLS AND SOCIAL AND ECONOMIC DISADVANTAGE

The increased likelihood of experiencing social and economic disadvantage, by foundation skills level, adults aged 16 to 65

Source: OECD

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Types of Skills Required

Three Core Skills

• Academic Skills

• Employability Skills

• Domain / Technical Skills

Employability Skills For global Economy

• 4Cs

• Critical Thinking and problem solving

• Communication

• Collaboration

• Creativity and innovation

• Information, media and technology skills

• Life and career skills

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Why Skills are so important

Satisfy job requirements/qualifications

Quantifiably stratify job applicants

Transferrable

Command higher salaries

Grow professionally and personally

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Acquiring Domain & Employability Skills

Guru – Chela Process

• Not a scalable model

Formal Skill Training

• Introduces appropriate technology, methods and processes

• Certification of Skills

• Higher employer acceptability

• Leads to Societal recognition and self-confidence

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Skills • Employment / Self-Employment

• Higher Salaries

• Career Advancement

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Thank You