If you haven’t already, check out the latest IiT article, “Designing Data Systems for Skilling India.” Stefan Bender, Jörg Heining, and Kaushik Krishnan show some lessons from Germany on how India can collect better data on employment, wages, and the labor market. They argue that collecting this data need not be costly or time-consuming since much of it is already being collected by various departments.“India’s unemployment rate currently sits at 9 percent. Yet, one in three citizens with at least a bachelor’s degree is out of work. Its working age population,is projected to rise from over 750 million today to almost a billion by 2020. At the same time, agricultural employment is in decline, accounting for less than 50 percent of total employment for the first time in Indian history. These market pressures are pushing the labor force towards higher skilled occupations. Yet, even young, college-educated,Indians often lack the requisite skills to obtain these jobs.” Continue reading..
Read more of CASI’s India in Transition (IiT) bi-weekly publications on the CASI website.