The upcoming Union Budget should strictly look at augmenting existing policies in education and skilling, and also increase fund allocation for skill development initiatives.
Budget 2019: India has one of the youngest populations in an otherwise ageing world—105 million first-time job seekers will enter the labour market by 2022, and yet 43% of our youth are not in employment, education or training. India does not have an unemployment challenge; the problem is wages as well as dearth of skilled talent. With the new term of the government, the focus has to be on skilling. A larger focus also needs to be in the area of improvising productivity of our people. Making the workforce proficient in skills requires a whole new approach to education, and for that blended learning is the key. An integrated system emphasising on both education and vocational skills is crucial, and this should involve the role of multiple classrooms that will help in creating a seamless learning experience.
Vocational skills should be the primary area of concern for the new government. The upcoming Union Budget should strictly look at augmenting existing policies in education and skilling, and also increase fund allocation for skill development initiatives. Some of the essential elements to be kept in consideration for strengthening the current system are:
Source: Financial Express
