Hyderabad:The latest report of the World Economic Forum (WEF) predicts the onset of the robot revolution earlier than expected due to the Coronavirus boom and says that by 2025 the nature of billions of jobs will change.
As a result of fast automation and digitization, billions of jobs are being transformed and up to ten crore new jobs will be created. While it is good news that due to Artificial Intelligence (AI) and robotics, new job creation will be more than the jobs lost, however, the preparedness of the youth to grab them with both hands with the required skills is most essential.
The implications of the WEF analytical report are that the plans of the world nations need to be sharpened to the required extent!
Twenty sectors such as satellite services, electric vehicles, innovative antibiotics, Ed Tech, etc., are expected to change the world in the near future. To what extent will India benefit from such expanding opportunities?
Last year, UNICEF estimated that by 2030, the country's working-youth population will exceed 96 crores, the highest number in the world, with 31 crore graduates. However, of the total applicants only half will have the skills required for employment. Studies show that the number of people who lack required job skills is on the rise, and suggest that urgent corrective action is needed.
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Though the new National Education Policy's slogan that 'quality education is the right of the student' is nice to the ears, the broad agenda of human resource mobilization to maximize its contribution to the country's development is yet to emerge as the main agenda of governments!
In place of the National Skill Development Strategy that was launched eleven years ago, the NDA government has unveiled the ‘Skill India’ policy with the objective of transforming 40 crore people as highly skilled resources by 2022.