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Bridging the skill gap

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BRIDGING THE SKILL GAP   What is BRIDGING THE SKILL GAP? Bridging the skill gap means reducing the difference between the skills that organisations want and the skills that their workforce offer. With the increase in the number of graduates and working population annually, employability and skilling have become two of the biggest challenges for the country’s growth. STATISTICS India, which is projected to be the world’s youngest country, encompasses the world’s largest youth population with 356 million people in the age group of 10-25 years [United Nations report (2014)].  According to a report, there is an overall positive trend in talent supply as over 47.68 per cent of the graduates were found to be employable in 2019 against only 33 per cent in 2014 [India Skills Report (2019) released by the Confederation of Indian Industries].  ACTUAL PROBLEM The youth in our country face multiple obstacles in finding desirable and suitable job opportunities despite receiving qualit...