Focus needs to be on employment rather than employability
India has a clear cut task set for itself, 500 million to be skilled by 2022 to meet industries’ requirements till 2022. The ground level situation points to (i) 60% of the population within the working age of 15-59 years, (ii) roughly 10 million drop-outs between class 6 to 10 and a further about 5 million drop-outs in high school to higher education; (iii) 10-25% employable skills among graduates; (iv) 12 million youths join the workforce annually; and (v) only 4-5% of youth formally learn a trade.
For sustained economic growth, India needs an educated, healthy, and adequately skilled population. The focus needs to be on employment rather than only employability.