Title: Indo
1Indo EU Seminar on Skills Development, Training
and Employment
Skills Training in a Globalised World
Economy Lt Gen (Retd) S S Mehta, PVSM, AVSM and
Bar, VSM Director General Confederation of
Indian Industry
2India
- Size 2,973,190 sq km
- Population 1096 Mn
- Languages National Hindi (14 other official
languages)-English enjoys Associate Status. - Multi Ethnic,Multi Religious Pluralistic Society
- Largest Democracy.
- Confluence of Civilizations
3India
- One of the fastest growing economies avg 7
since 1994 and 7.5 - 8.1 in 2005. - Inflation 4-5 .
- Forex Reserves USD 150 Bn.
- GDP USD 650 Bn.
- Leadership in ICT.
4Challenges
- Social Appreciation of Skills As a Livelihood
Asset - Linking Education to Employability in the Global
Knowledge Economy. - No One Solution. Every Region demands an
innovative approach.
5Indias Advantage
- Demographic
- Societal Building Block
- English Language
- Affinity to Maths
- Credible IT Image
- Steady Growth Trajectory
6Snapshot Global Demographics
7Global Demographics Scenario
47
Note Potential Surplus is calculated keeping
the ratio of working population (age15-59) to
population constant.
Source US Census Bureau BCG Analysis
8An Idea
- India has the unique opportunity to
- Complement what an ageing world needs the
most -- Productive Workers. - Provide investment opportunities for ageing
population to earn high levels of post
retirement income.
9Globalisation
- A complex series of economic, social,
technological, cultural and political changes are
increasing interdependence, integration and
interaction between people and companies in
disparate locations. . IMF -
10Trends to Watch
- Centres of economic activity will shift
profoundly, not just globally, but also
regionally. - Shifts within regions will be even more dramatic
- Today, Asia (Excluding Japan) accounts for 13
percent of the worlds GDP, while Western
Europe accounts for more than 30 percent. Within
20 years the two will converge.
- . Mckinsey Quarterly Web Exclusive 2006
11Pumping the Global Talent Pipeline The 21st
Century Imperative
- Global Talent deficit is fundamental to
sustainability. - Owing to the flux in the global economy it is
difficult to forecast where a skill shortage will
arise next. - External markets are not delivering the right
skills at the pace of change -
- .Infosys
Davos 2006 Panel Debate
12Pumping the Global Talent Pipeline The 21st
Century Imperative
-
- The challenge is to have the right people, at the
right place, at the right time. - The Paradox of Skill versus Will.
- The need for the public and private sectors to
work together towards the vision of the future. -
.Infosys Davos 2006 Panel Debate
13Skills A Global Currency
- "Skills" are a global currency for a globalising
world. - Countries with a significant skills capital can
innovate remain competitive and enable
sustainable growth. - Skills Development will create inclusive
societies. - Global Skills Development should be added as a UN
Millennium Goal.
14India - Sectors Demanding Multi- Level Skills
Options
- Construction
- Finance, Real Estate, Insurance Business
Services - Transport, Storage Construction
- Wholesale Retails Trade
- Manufacturing
- Community, Social and Personal Services
- Agriculture
- Electricity
- Mining Quarrying
15Four Collar Work Force
- White Collar - Well understood across the World
- Grey Collar The knowledge worker, which
includes ICT Skills, problem solving, analytical
and effective communication skills. - Blue Collar Shop floor work in the
manufacturing and service sector. - Rust Collar Skilled worker at the grass
root level in currently unorganised and
un-benchmarked sectors like Construction,
Agriculture and related trades.
16Guiding Principles
- Independent Assessment and evaluation
- Competitive basis for quality
- Employment Orientation
- Global Benchmarking
- Levels and Progression routes
- License to Practise
17Features of the CII Skills Initiative
- Localised Approach Relevant to local needs
- Scaleability
- Short Duration, Focussed Programmes
- Modular Approach
- Smart Card Certification
18Smart Card Certification
- Biometric Identification
- Tamperproof
- Multifunctional
- Convenient
- Access to a gateway of Services
- Possibility of bank linkages for Micro-Credit
19Conclusion
- Skills formation delivers not only needed
economic benefits but important social benefits
as well. - "Skilling a Million Indians" is a catalytic
project of CII. - Need for Quality Certification which is credible
at Regional, National and International levels.
20Focus on Developing Human Resource
Countries that get addicted to selling their
natural resources rarely develop their human
resource and the educational and innovative
companies that go with that. So, after the ore
has been mined, the trees cut, and the oil
pumped, their people are actually even more
behind. Thomas Friedman
21We need to do more to get each stakeholder deeply
involved, to have a sense of where society is
going. Professor
Jagdish Bhagwati
22What we need is a. Thought Shift
- We need a thought shift from employment to
employability from providing fish to teaching
how to fish. - Our progress will not be worth the trip if we do
not give a majority of our people the strength
and self esteem that comes with a job . - The Journey has just Begun..
23India EU
- Relations go back to early 1960.
- India EU Key Trading Partners
- Demographic Dividend
- Shared Values
- Democracy
- Pluralism
- Liberalism
- Open, Inclusive Societies
EU
India
24Thank You