Globally India is the 3rd largest producer of graduates (next to US & China). Millions of general, technical and management graduates (engineers, doctors, etc) pass out every year from 563 universities, 18,000 colleges, 5000-odd management institutes, and other institutes. The education ‘factories’ churn out such huge numbers but the gap remains. To sustain growth India needs more engineers, more doctors and nurses, more managers, skilled workers, more planners, more technocrats, and more specialists.
In a population of 120 crores, more than 23-crore million youngsters, 50% of which are unemployed, CII-BCG Report estimate talent gap of 50 lakhs by 2012 what it terms ‘unemployability of the employable’. According to the National Skills Development Council (NSDC), the country today has the capacity to train 4.5 million annually while there is a need for training 40 million annually.
The deficit is not only in quantity but in quality as well. A study suggests that only 1% of students in India get quality education. NSDC Report 2010 mentions that only 10% of students who enter from grade-1 finally reached college. Not only that only a small percentage of those who reach and pass out from colleges are employable: 25% of technical graduates and 10-15% of general graduates are employable.
WHY RDI KNOWLEDGE & EMPLOYABILITY FORUM (RKEF)?
The idea is to bring together people from various background and formulate ways to work together on this vital issue of employability.
ACTIVITIES PLANNED BY RKEF
- Designing/ conducting/ facilitating joint Research & Development projects with corporates and education institutions leading to publication of scientific management/ industrial/ technical papers & reports.
- Help institutions to build correct industry-specific course outlines and contents.
- Facilitating experiential corporate learning for students through industrial visits, assignments, projects, internships, etc.
- To act as conduit for facilitating industry-academia exchanges for cross pollination of innovative ideas and approaches (getting industry professionals to teach and, academics to take up specific, live projects in companies, plants & sites).
- RDI India to involve RKEF members in consulting, training & other projects
- Help design/development/ delivery of need-based, practical short courses on different subjects.
- Help build real-life industry case-studies.
- Senior industry professionals to be part of the Academic Councils of institutes to provide feedbacks and insights on curricula/ pedagogy/ relevance/ direction.
- Building e-Learning contents.
- An Advisory Board consisting of industry senior and stalwarts (Chairmen, MD, CEO level) to oversee the overall functioning of the Forum headed by Board Chairman.
- Academic Council consisting of sectoral heads designated as Sector Directors looking into various areas (FMCG, BFSI, Auto, etc) headed by the Council Director.
- Partnership with renowned Universities and knowledge powerhouses to provide professionally supported, value-added and accredited learning modules and management programmes.
- Facilitating strategic institutional alliances between some of the top British Universities and premier higher education institutions in India for design and delivery of internationally accepted management programmes.